11 Answers: Can Investing Make You Rich? Become a Millionaire Investing?
I have read a lot about investing and different ways investors invest their money to generate an annual return on investment. I have learned that anything above 10% annual return is very good and that compounding interest works to increase yield over time.
What I want to know is can investing really make you rich if you are just starting out. Can you become a millionaire and also how long would it take to make a million dollars on the stock market?
Are some investment choices safer than others. I have heard about people making millions with crypto currency but it seems like this is not a very good investment long term.
When I was growing up my parents and everyone told me that the best investment to get rich is to buy and invest in real estate. So is that the best investment to become a millionaire?