How £200 a month can make you a Millionaire! Vid#8

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I'm £450 away from the £100k portfolio milestone. Find out how compound growth helps get your portfolio to over a million pounds!!
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Hey AL, congrats on 100subs and in advance on 100k!!!

Dom_Investing
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Congrats on getting close to hitting your goal!

fahima
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I think you do right by calculating with the 7% figure. Although the S&P has achieved 10% growth (on average), investors need to take into account the effects of inflation and also currency debasement. While £1mil seems a lot, in 20 years from now it won't have nearly the same impact or spending power as it does now (or even as it did 10 years ago!).

trancekingpj