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How to invest 100k to make $1 million

In 2007, he bet a million dollars that his S&P 500 investment would beat any actively managed fund in a decade. Suffice it to say he reached a return rate of 125.8% for the period and won the bet. Deciding how to invest $100k to make $1 million may seem like an overwhelming task. The good news is, you’re looking for ways to make your money work for you, instead of just letting it sit in a low-interest savings account. Because there are so many different investment strategies and options, it’s vitally important to educate yourself. Take advantage of all… Read More

4 Ways To Grow $100,000 Into $1 Million for Retirement Savings The Motley Fool

And third, you have a retirement account setup that you have been and will continue to contribute to consistently and/or have maxed out your contributions for the year. If you invest just $500 per month into the fund on top of the initial $100,000, you’ll get there in less than 20 years on average. While this can be discouraging for those looking to grow their savings quickly, keep in mind that $1 million isn’t necessarily the right goal for everyone. There’s a chance you may need less than that to retire comfortably, so it’s a good idea to calculate your… Read More

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