Could Airbnb Help You Become a Millionaire by 2030?
If you want to become a millionaire, the right path probably involves some collection of growth stocks with an attached set of risks. If you're well-diversified, the money you can make from stocks that soar is far higher than the money you're likely to lose from poor picks. Your top stocks can grow your money many times over, but you can only lose the money you put into losing stocks once.
Airbnb (NASDAQ: ABNB) has been on the market for a year now, and the stock has since gained a respectable 26%, double the gain for the S&P 500 over the same period.That's impressive, considering it went public when it was posting year-over-year sales declines in the face of a global pandemic. Now that sales are on the increase again, is this a growth stock that's likely to bolster your chances of becoming a millionaire?
Source Fool.com
