Investing for Beginners: A Crash Course on Making Your Money Grow
You’ve probably heard that investing is one of the best ways to put your money to work. The power of compounding can turn even modest savings into an appreciable nest egg over time. If you saved $100 a month and tucked it away under your mattress, you’d have $36,000 at the end of 30 years. But if you invested that same $100 a month and averaged returns of 8% per year, the $36,000 you’d set aside would have grown to more than $140,000 after 30 years.
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