Business
How I’d turn $5,000 into $100,000 with ASX growth shares – Motley Fool Australia
Investing in ASX growth shares can be extemely rewarding for investors prepared to hold on to them. Could my 2 picks be the next Afterpay?
I’m a big believer in investing in quality ASX growth shares. If you had picked up Afterpay Ltd(ASX: APT) shares three years ago and held onto them until today, you would be up over 2000%. That means your initial $5,000 investment would give you a total return of more than $100,000. No property or term deposit can give you a return of 20x in just a few short years.
Of course, companies like Afterpay only come around so often. However, the idea is to monitor the share market news and look into A…
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