Business
You could become very wealthy by investing $1,000 into these ASX shares – Motley Fool Australia
In your 20s? Investments in Afterpay Ltd (ASX:APT), Pushpay Holdings Ltd (ASX:PPH), and ResMed Inc. (ASX:RMD) shares could be the way to become wealthy…
If you’re looking to start your investment journey, then I think you should look beyond short term trades and focus on investing for the long term.
This is because short term trading is a high risk endeavour and prevents investors from benefiting from the power of compounding.
What is compounding?
Compounding is what happens when you earn interest on top of interest – or rather, returns on top of returns for shares.
As of the end of June, the Australian share market has provided investors wi…
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