7 Explosive Growth Stocks Primed for Life-Changing Returns
CATCaterpillar(CAT) Investor Place·2024-07-09 03:50

Investing in the right stocks can lead to life-changing returns, especially if you have a lengthy time horizon. Compounding does its magic when you don’t touch your investment for many years. If you get an 8% return on your 10,000investment,itbecomes10,000 investment, it becomes 10,800 at the end of the year. However, an investor who gets an annualized 8% return over the next 30 years will turn their 10,000into10,000 into 100,626.57. That also includes the investor isn’t making any additional contributions to their portfolio. That’s why C ...