Here's How Saving Just $10 Per Day for 34 Years Can Create a $1 Million Portfolio

When you think about investing for the long term and creating a portfolio worth over $1 million, you may think it's too difficult to do or that it might require a lot of money. But if you have many years to go before you retire, then a slow-and-steady approach can work, where your contributions can be more modest. Through the effects of compounding, they can result in a significant portfolio balance later on.If you have 34 investing years to go before you retire, it's possible to create a portfolio worth $1 million by saving just $10 per day and without having to take on significant risks along the way. Here's how you can accomplish that.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool