Business
How an ASX share turns $100 into $1,000 – Motley Fool Australia
Here’s how compound interest can make a $100 share into a $1,000 share. Make sure you know how to harness this 8th wonder of the world
How does an ASX share turn $100 into $1,000?
That’s a good question. Returns are what we’re all here for, at the end of the day. We all invest our hard-earned money into the share market because we hope to get even more money back in the future. And it’s not exactly uncommon for ASX shares to give investors the kind of returns it takes to turn $100 into $1,000 either (That’s a 10-bagger return, or 900% if you want to get technical). Some ASX shares have given investors this kind of return in 20…
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