3 Magnificent Growth Stocks That Can Turn $250,000 Into $1 Million by 2035
Over short periods, Wall Street is completely unpredictable. Since the start of 2020, we've witnessed the major indexes bounce back and forth between bear and bull markets.
However, things become much clearer when examined over longer periods. For instance, holding an S&P 500 tracking index for 20 years has been a foolproof moneymaking strategy when back-tested more than a century. For long-term-minded investors, it means buying and holding innovative businesses over extended periods can lead to serious wealth creation.
At the moment, three unparalleled stocks have the potential to make patient investors meaningfully richer. If you have $250,000 to put to work, and you won't need this capital for bills or emergencies, the following three magnificent growth stocks can turn an initial $250,000 investment into $1 million by 2035.
Source Fool.com