2 Unstoppable Stocks That Could Turn $200,000 Into $1 million by 2030
Buying a diversified index fund is a relatively low-risk approach to stock investing. Yet if you had bought a low-fee fund that tracks the benchmark S&P 500 index in September 2011, you still would have grown your money nearly fourfold over the last decade.
Buying individual stocks, though, would have offered you a shot at even greater returns. Shares of e-commerce giant Amazon (NASDAQ: AMZN), for instance, are up by 1,360% over the same period.
Both strategies reveal the benefits of focusing on the long term. Over time, the U.S. market has a history of rising, and specific innovative companies also need time to deliver on their outsized potential.
Source Fool.com
