Here's How to Turn $500 Into a Yacht

People invest for all sorts of reasons. Often it's for retirement, to cover a child's college expenses, or to achieve some other major long-term goal. For some, that might be a trip around the world, buying a summer house on the water, or acquiring a yacht to enjoy the good life. All are achievable with some long-term planning and a sound investment strategy.

Here's how starting with an investment of just $500 right now could help get you on your boat in that not-too-distant future grooving to some yacht rock.

Image source: Getty Images.

Source Fool.com