Want $1 Million in Retirement? Invest $100,000 in These 2 Stocks and Wait a Decade.
If you had invested $100,000 in the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) 10 years ago, as of this writing you would have more than $346,000, good for a compound annual growth rate (CAGR) of 13.2%Without doubt, it's a solid return. But there are ways to beat the market return. In particular, if you had invested $100,000 in Microsoft (NASDAQ: MSFT) 10 years ago, your investment would have grown to $1,088,000 as of this writing. Similarly, a $100,000 investment in Tesla (NASDAQ: TSLA) made 10 years ago would now be worth $2,598,000. These two examples prove that smart investments can help build lasting wealth. Let's examine why these two stocks are poised to outperform the market again over the next decade as well. Continue reading
If you had invested $100,000 in the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) 10 years ago, as of this writing you would have more than $346,000, good for a compound annual growth rate (CAGR) of 13.2%
Without doubt, it's a solid return. But there are ways to beat the market return. In particular, if you had invested $100,000 in Microsoft (NASDAQ: MSFT) 10 years ago, your investment would have grown to $1,088,000 as of this writing. Similarly, a $100,000 investment in Tesla (NASDAQ: TSLA) made 10 years ago would now be worth $2,598,000.
These two examples prove that smart investments can help build lasting wealth. Let's examine why these two stocks are poised to outperform the market again over the next decade as well.
