Here's How Much a $250 Monthly Investment in the S&P 500 Could Grow Over the Long Term

A good way to build up your portfolio over the years is to invest on a regular basis. If you don't have thousands of dollars to invest in the stock market today, that shouldn't discourage you from investing. Thanks to the power of compounding, even investing a few hundred dollars each month can put you on a path to creating a portfolio worth several hundred thousand dollars in the future, potentially even more than $1 million.Below, I'll go over how much your portfolio might one day be worth if you invest $250 per month. That equates to $3,000 per year, which may not seem like a whole lot. But if you were to keep up that habit for years, you may be surprised just how significant your portfolio may end up becoming over time. And there's no need for any complex strategies, either. Simply tracking the S&P 500 index can be a safe and reliable way to grow your portfolio over the long haul.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool