Here’s How You Can Build Up a $1 Million Portfolio Even if You Have $0 in Savings Right Now

From Nasdaq: 2025-06-29 05:15:00

It’s never too late or too early to start investing in the stock market. Even with limited knowledge, you can gain exposure to various companies through a single investment, minimizing risk and potentially achieving significant gains in the long term. Consider investing $350 per month to build a $1 million portfolio over time.

To maximize gains, focus on growth stocks or invest in an ETF like the Invesco QQQ Trust (NASDAQ: QQQ), which holds 100 top non-financial Nasdaq stocks. With an expense ratio of 0.2%, this fund has historically outperformed the market and offers access to companies like Apple, Netflix, and Tesla.

By investing $350 per month in the Invesco ETF, you can work towards a $1 million portfolio over the years. Depending on the annual return rate, it may take around 33-35 years to reach this goal, emphasizing the importance of consistent investing and compounding growth for long-term wealth accumulation.

Consider the potential returns and growth opportunities offered by the Invesco QQQ Trust, as identified by the Motley Fool Stock Advisor team. While this ETF may not be among their top 10 recommendations, historically, their picks have generated substantial returns, outperforming the market significantly. Join Stock Advisor for access to their latest insights and top stock picks.

David Jagielski, the author of this news article, does not hold positions in the mentioned stocks. The Motley Fool has recommended Apple, Netflix, and Tesla, emphasizing the importance of considering expert advice and research before making investment decisions.



Read more at Nasdaq: Here’s How You Can Build Up a $1 Million Portfolio Even if You Have $0 in Savings Right Now