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How to make $1 million from ASX shares – Motley Fool Australia
Given the right return, it’s possible to make $1 million starting with only a small amount of money. It takes time, but it’s worth it.
Given the right time frame and return, it’s possible to make $1 million starting with a small amount of money.
It seems crazy that it can be so passive, however it can be done with the right ingredients.
Average market returns
The S&P/ASX 200 Index (ASX: XJO) has returned an average of 26% per year over the last 40 years. Between 1980 and 2020 it has grown by about 1,040%. If we divide this by 40 years, we get 26% per year.
The crazy thing is that these returns include major crash event…
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