With $100 monthly stock investments, you'd have $1.4 million over 50 years - Financial Post | Canada News Media
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Investment

With $100 monthly stock investments, you'd have $1.4 million over 50 years – Financial Post

Published

3 years ago

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With regular investments – even small ones – and time, your stock market investments can pay off richly

Author of the article:

StackCommerce

Publishing date:

Sep 12, 2021  •  6 hours ago  •  2 minute read

Photo by Markus Spiske /Unsplash

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This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.

While stock market volatility may make investing in the share market a daunting prospect, it’s still possible to build wealth by such investments. As explored by Forbes, long-term investment in the stock market is a good way to build out wealth. Especially in the midst of the COVID-19 pandemic, investment can seem riskier even than usual, but one example from the Forbes report indicates that there still exists huge potential for opportunity and wealth building.

He makes not only the point that long-term investment in the stock market presents the opportunity for growth in wealth, but he also makes the point that your investment does not need to be large to make an impact over time. You can start small and build your portfolio over time.

Another point that Rae makes in the feature is that diversification is important – spreading your investment efforts across a range of companies, industries, and sectors means you’re protecting your investment as you go. And having a way to track that diversified investment is also paramount.

One way to closely track your investments over time is with the Statfolio Portfolio Tracker, which offers the ability to closely watch the performance of your investments with a focus on analytics and visualization, so you can see your portfolio clearer than ever. It’s ideal for retail investors, accountants, professional investors and portfolio managers. Lifetime subscriptions are currently available for $75. Build your investment portfolio and watch its growth with this essential tracking tool.

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October 16, 2024

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

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This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Economy

S&P/TSX up more than 200 points, U.S. markets also higher

Published

4 weeks ago

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October 11, 2024

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

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Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Economy

S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

Published

4 weeks ago

 on

October 10, 2024

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

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This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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