So you want to become rich? One of the top proven ways to build wealth and increase your net worth is to invest in the stock market. The benchmark of performance of the stock market, the S&P 500 has an annualized average return of of around 11.88% since its start in 1957 through the end of 2021. This is truly a remarkable return, and there are very few investments yielding such a high return. Of course, past performance isn’t a guarantee of future performance, but investing in the stock market has proven to be one of the best ways to build substantial wealth over a long period of time.
Remember this is not investment advice, and you should always do your own research before making any investments. Also, you should invest an amount that you are comfortable with, as there are always risks when investing.
There are some fantastic investment apps out there if you are looking to invest, get on track to accumulating wealth, and building a nice nest egg to live a more comfortable life, or to save for a cushy retirement.
Here’s our top rated investment apps!