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By: Mansoor Ali ( Admin)
Contribute $100 monthly to a Roth IRA from age 16, and you could have over $260,000 by age 65, assuming a 7% annual return
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Platforms like Robinhood allow you to buy portions of stocks, so you can own a piece of Apple or Amazon with as little as $5.
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Investing $50 a month in an S&P 500 index fund could grow to nearly $40,000 over 20 years with an average return of 7%.
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Apps like Acorns round up purchases to invest spare change. Investing $0.50 daily can grow to over $10k in 10 years
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Turn your hobby into a small business. Earning just $200 monthly and investing it can grow to over $57,000 in 15 years at a 6% return.
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Exchange-traded funds (ETFs) offer diversification. Investing $100 in a tech ETF could yield substantial growth as tech stocks soar.
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While risky, investing $50 in Bitcoin in 2012 would be worth over $1 million today. Start small and educate yourself.
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Platforms like Fundrise let you invest in real estate with as little as $500
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Contribute $1k yearly to a 529 plan for college savings. With tax advantages and investment growth, you could have over $20k after 15 years.
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Invest at your own risk. Financial markets can be volatile, and past performance is not indicative of future results.
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