Guide on How To Make 1 Million in Stock Market or Mutual Fund Offered through Video
1 MILLION IN STOCK MARKET – Through a video, a vlogger presented a guide on how to make one (1) million by investing in stock market or mutual fund.
Most of us wanted to grow our money. We know the different ways on how to possibly do it – by saving it in a bank, putting up a business, investing in mutual fund, investing in stock market, and a lot more. However, not everyone takes the risk.
Truths be told that in the pursuit to grow your money, either of the two things may happen – you’ll lose them or you’ll multiply what you have. The latter is actually really possible by investing in a stock market or mutual fund.
In fact, in a video, the latter showed how you can make one (1) million in stock market or mutual fund. The said useful video was posted on YouTube channel MoneySense.
In the video, the vlogger explained that simple saving may take you years or even decades to become a millionaire. You will need to save a thousand peso for 1,000 times if you wanted to get one (1) million. If you will save P1,000.00 monthly, it will take you 83.3 years before you’ll get to be part of the millionaires.
On another side, if you will put your money in the bank, your money will earn 0.25% interest. If you will save P3,000.00 monthly, it will take you 30 years or three (3) decades before you become a millionaire.
If you will really study it well, you can make one (1) million pesos in stock market or mutual fund in a lesser time. Based on the video, the market may go down but it can bounce back. The vlogger stressed that “no one can time the market”.
In the video, he showed the secret formula on how to make one (1) million in stock market or mutual fund. By just saving P3,000.00 monthly at a 12% interest rate, you can become a millionaire in just 13 years. Watch this video and don’t forget go subscribe to MoneySense on YouTube be updated with more useful videos in the future: