Want to Retire With $1 Million? Invest $250,000 in These Tech Stocks and Wait 10 Years (or Less)
Even amid today's downturn, the stock market continues to offer a proven path to financial independence. Over the last decade, the S&P 500 has generated a total return of 286%, meaning you could have tripled your money by simply investing in an exchange traded fund that tracks the popular index.
That said, greater rewards await savvy investors who are willing to research and build a diversified portfolio of individual stocks. For those interested in long-term growth, tech standouts HubSpot (NYSE: HUBS) and Okta (NASDAQ: OKTA) look like smart investments. Both have the potential to quadruple in value over the next 10 years, growing at a pace that would turn an initial investment of $250,000 split evenly between these stocks into a collective $1 million.
What makes these companies ready for such monster growth? Let's take a look.
Source Fool.com
