Report post

Should you invest $100 a month?

This is a healthy financial habit that can help you find extra savings by limiting impulse spending. Investing $100 a month adds up over time, especially with compound interest. Making small sacrifices every day to consistently add $100 to your stock investments every month will benefit you in the long run.

How much money can you invest in a 5 year investment timeline?

You plan to invest $100 per month for five years and expect a 10% return. In this case, you would contribute $6,000 over your investment timeline. At the end of the term, SmartAsset’s investment calculator shows that your portfolio would be worth nearly $8,000.

How many shares do you get for $100 a month?

You decide you will invest $100 every month. So that means you get five shares for your $100. A year later, the fund has done well and the share price has risen to $25. Now you only get four shares for your $100, but you're happy anyway; the five shares from that first month a year ago have appreciated in value, 5 x $25 = $125, netting a $25 gain.

How much should you invest in a mutual fund after 20 years?

Assume that you have decided to invest in a mutual fund with an average annual return of 7%, including the dividend. For simplicity's sake, assume that compounding takes place once a year. After 20 years, you will have paid 20 x 12 x $100 = $24,000 into the fund. However, the compounding return will more than double your investment.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts