1 powerful etf that can be changed to $ 340 per month for $ 1 million

If you want to get your investment up to $ 1 million when you retire but you do not have a big money to invest today. And if you can keep that habit for long, your benefit can be important, may keep you at least $ 1 million worthwhile.

I will show a way of investing $ 340 per month can result in a balance of Portfolio 1, Million Dollar, and if you are a factor at ahead. If the market performed better, your balance may significantly higher.

When you are investing in a long, it is important to invest in regularly. This way, you are average of your price; You don’t worry about the market schedule and try to find the precise and the best to buy a business stock. By adding your position continuously, you will publish your average cost more than a month, but as well.

Exchange Fund (ETF) that can suit this approach INVESCO QQQ Trust (NASDAQ: QQQ). It follows NASDAQ-100 Index, which includes non-famous stocks on NASDAQ exchanges. It is a good way to invest in the highest growth stock without worrying that the list may change over time; The index makes a balance for you.

And Invco funds charged most appropriate Ratio Of 0.2%. It is a reasonable fee argument to pay, giving great returns, marketing it created for the previous decade investors.

^ SPX table — ^ Spx Information by Yecharts

Big questions when trying to create a future portfolio balance is the average thing, what year will come back. History, the S & P 500 (SNPINDEX: ^ gspc) Have already produced Average returns around 10%. And if the Incco fund has gone out, you may continue to do so and you should expect to have an annual return of about 11% – even higher.

Dangerous, however, is the most commonly practical stocks over the past few years, slowing down. If you use a conservative estimate, you can ensure that you do not make an estimate based on appropriate situations.

On the table, you will see that your stock balance may be similar to the monthly investment of $ 340, assuming the annual growth rate between 8% and 10%.

	Growth rates
Year	8%	9%	Ninety
30	$ 510,100	$ 627,121	$ 774,971
31	$ 556,700	$ 690,234	$ 860,428
Three 2	$ 607,167	$ 759,267	$ 954,834
33	$ 661,822	$ 834,776	$ 1,059,126
34	$ 7211S014	$ 917,368	$ 1,174,338
35	$ 785,120	$ 1,007,708	$ 1.301,614