Want $1 Million In Retirement? Invest $300,000 In These 3 Stocks and Wait 10 Years
The stock market might be on shaky ground right now, but that shouldn't scare investors who have a long-term time horizon. After all, history is clear in proving that the broader market always rises over a long enough period.
The technology-focused Nasdaq 100 index, for example, is down 27% so far in 2022. But over the last five years it has more than doubled, and over the last 10 years it has more than quadrupled -- even after including this year's losses.
With that in mind, a down market can actually be the best time to put money to work because it offers more potential upside when things recover. Here are three individual technology stocks that could grow a $300,000 investment into $1 million in the next decade for patient investors.
Source Fool.com