Got $10,000 and 25 Investing Years Left? Invest in This ETF and Forget About It.
Investing is a long game, and the earlier you start, the more likely it is that you'll come out with some great profits. And through the effects of compounding, you also don't need to have a fortune ready to invest in order to build up some impressive gains.
If you can afford to invest $10,000 in the stock market and keep that money there for 25 years, it could end up being worth more than $600,000 -- without your having to do much except wait. Here's a look at how that could happen.
If you're investing for the long haul, then growth stocks can be incredibly attractive as they have the potential to rise significantly in value over time.
Source Fool.com