Want to invest but have no money? Try Auto-Invest - just 50 yuan a week.
Key Data:
Weekly $50 = Monthly $200 = Yearly $2,600
The historical annualized return of the S&P 500 is approximately 10%
At this rate of return, it will take approximately 7 years to double.
How Powerful Compound Interest Is:
Assuming to invest in SPY (S&P 500 tracking ETF, with an expense ratio of only 0.095%), and persist in investing:
10 years later: $44,693
20 years later: $166,066
30 years later: $495,673
40 years later: $1,390,779
Why invest early: After the balance exceeds six digits, the annual growth amount becomes truly substantial. Time is the greatest secret weapon.
Lazy Investment Method: Just throw it into an index fund and don't worry about it, let the compound interest operate automatically. As long as you believe the economy will rise in the long term, this is one of the most stable investment methods.
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If you invest 50 dollars every week, how many times will it multiply after 20 years?
Want to invest but have no money? Try Auto-Invest - just 50 yuan a week.
Key Data:
How Powerful Compound Interest Is: Assuming to invest in SPY (S&P 500 tracking ETF, with an expense ratio of only 0.095%), and persist in investing:
Why invest early: After the balance exceeds six digits, the annual growth amount becomes truly substantial. Time is the greatest secret weapon.
Lazy Investment Method: Just throw it into an index fund and don't worry about it, let the compound interest operate automatically. As long as you believe the economy will rise in the long term, this is one of the most stable investment methods.