4 Ways to Grow $100,000 Into $1 Million for Retirement
Investors who want to turn $100,000 into $1 million will need patience. Even if we assume a window of 30 years to 10x your portfolio, that would require an annualized growth rate of 8.33%. Still, plenty of growth stocks have beaten that result over the past 30 years.
Growing your nest egg by 10 times or more over the long term doesn't necessarily require risky investments, as there are predictable ways to invest for growth. Here are four of them.
This hasn't been a great year for real estate investment trusts (REITs), but over long periods of time, they have been some of the best investments in the stock market. The problem is, some REITs are inherently riskier than others.
Source Fool.com
