From Yahoo Finance: 2024-05-17 10:59:00

The FTSE 100 hit a new all-time high this week, but there are still bargains to be found in the stock market. Many companies in the index are attractively priced, like Natwest and Vodafone. Investing £900 a month in these shares could potentially lead to wealth creation over time.

Despite the potential for long-term wealth creation, achieving a 10% compound annual growth rate is challenging. Dividends from stocks like Phoenix can help, but they are not guaranteed. Share price growth is also a factor, and some companies, like Vodafone, have seen declines.

To mitigate risk and capitalize on potential growth, spreading investments across a range of FTSE 100 shares is advisable. Companies like Phoenix, with strong customer bases and well-known brands, have the potential for future growth. However, rocky financial markets could impact profitability, so research is key before investing.



Read more at Yahoo Finance: All-time high! Could putting £900 a month into FTSE 100 shares make me a millionaire?