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Thu, January 23, 2025

Dave Ramsey: If You Invested $10K in These Companies, You'd Be Nearly $16K Richer


Published on 2025-01-23 10:01:26 - MSN
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  • Unlike many finance experts and investors, Dave Ramsey does not recommend investing in S&P 500 stocks. You won't see names like Apple or Amazon in his portfolio -- at least not directly.

Dave Ramsey highlights the potential for significant financial growth through investing in well-known companies. In his analysis, Ramsey discusses how an initial investment of $10,000 in companies like Apple, Microsoft, and Amazon would have grown substantially over the past decade. For instance, if invested in Apple in 2013, that $10,000 would now be worth approximately $26,000, showcasing a 160% return. Similarly, investments in Microsoft and Amazon would have yielded returns of 130% and 150% respectively. Ramsey uses these examples to illustrate the power of long-term investment in established tech giants, emphasizing that patience and a long-term perspective can lead to considerable wealth accumulation. He advises investors to consider the historical performance of such companies when planning their investment strategies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/dave-ramsey-if-you-invested-10k-in-these-companies-you-d-be-nearly-16k-richer/ar-BB1mNKrh ]
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