$250 a month to invest? Here’s how I’d aim to turn it into $1m

The 2020 stock market crash may have provided an opportunity to invest in high-quality shares while they trade at low prices. Over time, they could deliver impressive returns that have a positive impact on an investor’s portfolio.

As such, now could be the right time to start buying a diverse range of stocks for the long term. Even a modest monthly investment of $250 could produce a seven-figure portfolio in the coming years.

Invest in high-quality shares at low prices

While many high-quality shares have rebounded after the stock market crash, it is still possible to invest in a wide range of sound businesses at low prices. For example, some companies face challenging near-term operating outlooks that may have caused investor sentiment…

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