Posted 1/29/2024, 10:04:00 AM
S&P 500 Bull Market Could Mean $1M for Regular Investors
- We're currently in a bull market that could last nearly 9 years on average, offering opportunities for gains
- The S&P 500 index has returned 10% annualized historically; investing in an index fund like SPY can capture these returns
- Contributing $300/month to SPY for 35 years could grow to nearly $1 million through compounding
- S&P 500 indexes have climbed 100%+ in past bull markets, so more growth may be ahead in this one
- You can combine index investing with individual stock picks to maximize bull market gains