Should I invest my $100 a month?

So your plan is to take that $100 per month you spent on breakfast to go, or from the monthly stimulus payment you may be getting from the federal government, and invest it. If youʻre somewhat new to investing or don't have a lot of time to spend researching stocks, a good option is an exchange-traded fund, or ETF.

How much money should I invest a month?

You plan to invest $100 per month for five years and expect a 6% return. In this case, you would contribute $6,000 over your investment timeline. At the end of the term, your portfolio would be worth $6,949. With that, your portfolio would earn around $950 in returns during your five years of contributions.

How much money can you make with $100 a month?

Investing $100 per month, with an average return rate of 10%, will yield $200,000 after 30 years. Due to compound interest, your investment will yield $535,000 after 40 years. These numbers can grow exponentially with an extra $100. If you make a monthly investment of $200, your 30-year yield will be close to $400,000.