4 Ways to Grow $100,000 Into $1 Million for Retirement
Got a decent amount of money right now that you'd like to turn into a seven-figure stash by the time you retire? Well, good news... it's probably possible. The key to doing so is just a combination of how much time you've got and what you do with that money in the meantime. If you've got enough of both, it's possible for you to turn $100,000 into $1 million. Here are a few ways you can make it happen.
Many new investors start their journeys by buying some of the market's most popular growth stocks. And understandably so. These tickers (by definition) are expected to continue growing in value.
They've also got a collective track record to justify this interest. Over the course of the past 30 years the S&P 500 Growth index has outgrown the S&P 500 (SNPINDEX: ^GSPC) by nearly half as much more than the market's most-used benchmark gained during that period.
Source Fool.com
