2 Stocks That Could Turn $1,000 Into $350,000 by 2033


Source: fool.ca fool.ca

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This year, resolve to invest $1,000 responsibly in these two stocks for the long term, so you can own $350,000 in TFSA 10 years from now. How can you convert $1,000 into $350,000 in 10 years? That would require your investment to increase at a compound annual growth rate (CAGR) of almost 80%. Only crypto stocks can give you such growth but with significant risk. But an investment of $1,000 per month for 10 years in reasonable growth stocks with 20% CAGR can grow your portfolio to $350,000 by 2033. Is that too much to digest? Let’s look at the...