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Turn $100 A Week Into $100K With The Power Of Consistent Investing


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Turning a modest $100 a week into $100,000 might sound like fantasyland, but with time and consistent investing, you can turn the daydream into reality.

The article from MSN Money discusses the potential of turning a weekly investment of $100 into $100,000 through the power of consistent investing and compound interest. It emphasizes the importance of starting early and maintaining a disciplined approach to investing, using the example of investing in an S&P 500 index fund which historically has returned about 10% annually. The article illustrates how, over time, the investment grows significantly due to compounding, reaching the $100,000 milestone in approximately 23 years if the 10% return is maintained. It also highlights the benefits of reinvesting dividends and the impact of time on investment growth, encouraging readers to start investing as soon as possible to harness the full potential of compound interest.

Read the Full Moneymade Article at:
[ https://www.msn.com/en-us/money/top-stocks/turn-100-a-week-into-100k-with-the-power-of-consistent-investing/ar-AA1DYC95 ]

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