Got $25 Per Week? Here's How Far Investing in the S&P 500 Can Take You.
Investing in the stock market is one of the easiest and most effective ways to build long-term wealth, but there's a common misconception that you need a lot of money to get started. While investing more per month certainly can help you earn more over time, even small amounts can still go a long way.
Investing in an S&P 500-tracking fund -- such as an S&P 500 ETF or index fund -- is a fantastic way to generate wealth while simultaneously limiting your risk. Even if you only have $25 per week, it could add up to hundreds of thousands of dollars over time.
Before you start putting your money to work, it's critical to ensure you're choosing the right investments. It can be tempting to throw your spare cash into the trendiest new stock with the hopes it will make you rich overnight, but short-term investments are often incredibly risky.
Source Fool.com
