Business
How you could have turned $20,000 into $250,000 in 10 years with ASX shares – Motley Fool Australia
An investment in REA Group Limited (ASX:REA) and these ASX shares would have made you wealthy over the last 10 years…
Buy and hold investing is one of the most popular investment strategies and used (to great effect) by legendary investor Warren Buffett.
The strategy sees investors buy quality shares and then hold onto them for the long term, allowing compound interest to work its magic.
To demonstrate how successful it can be, every so often I like to pick out a number of popular ASX shares to see how much a single $20,000 investment 10 years ago would be worth today.
With that in mind, here’s how $20,000 investments…
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