This is all about the best way to invest your money in 2020. For that matter, it is the best way to invest in the stock market and turn your money into something that you can actually live off of! I know you may not know it right now, but believe me when I tell you that it is quite possible to do by anyone. The fact is that millionaires are made everyday by the stock market and you can become the next one with a little bit of patience and a stomach that can handle some risk. (Maybe a ton of risk…but with high risk comes high rewards $$$)
Okay, let’s get the millionaire making plan put into action. So somehow or someway, you have found yourself on the right side of extra money, let’s say $10,000. Instead of blowing it on a trip to Vegas and a weekend you will not or probably should not remember, you are going to do the right thing and invest that $10,000 in the stock market so it can start to go to work for you. Sure, we will not be able to talk about we blew 10 grand in the city that never sleeps, but not you have the chance to do something life changing for yourself and your family. If the thought of using your intelligence and timing to make a massive amount of money appeals to you, then you are going to love this.
Before we get started, make sure you understand that there are two ways to invest in my mind. You have the safe route of investing in an ETF fund, such as the SPDR S&P 500 ETF Trust (SPY $204.48), which will return around over 8% per year over the life of the investment. I personally use this method for a good bit of my long term investments. It has the lowest management fees and gets me the most bang for my buck when compared to the S&P 500 annual returns. This is one of the ways that most professionals are now promoting as the most efficient way of investing for the long term. There are a ton of different EFTs out there for you to invest in, and if you are curious, Trader Mike has put together quite a list for those who are looking for that sort of investment vehicle. You could take that original $10,000 and just place it in this kind of investment and sit back and enjoy an additional $800 on average every single year. You could have an automatic reinvestment of all dividends and then you will quickly start to build a nice amount of cash. In only 9 years, you will have doubled your initial investment up to the $21,589 mark. Not to bad when all you did was put it in the stock market and then just walk away. But is that what you want to do? Or…are you looking to turn that original $10,000 into something a bit more substantial?
This next section is for those who are looking to take a bit more risk. You have to be able to lose ALL $10,000 and not be bankrupt. If cannot live without this money, I would highly suggest you invest in the above way so you limit the risk towards your investment and get the largest possible gain with said limited risk. But if you can afford to lose it all and you are looking to learn the best way to invest $10,000 in the stock market the risky way that can turn it into tens if not hundreds of thousands, then you are going to love this. I am going to start out with a chart below showing a possible result of investing that $10,000 in the stock market at a ridiculous 100% return every single year for 10 years. How does having $10 million in cold hard cash sound? That is exactly what you will have if you can double your money for only 10 years. If you are not that greedy, you can make $1.5 million in just 8 years. It all takes a bit of work and some initial capital, as well as those 10 years. This is best way to invest your money in 2020 in the stock market with a real chance to make serious profit.