Can you get rich from investing in the stock market?

You can get rich from the stock market through the power of compounding. There are 3 factors that affects the compounding gain:

• the annual return
• the investment period
• how you invest ie regularly or once off 

The charts in the infographics below shows the amount you can get by investing $ 1,000 under various conditions. The horizontal axis represents the investment period in years. The verticle axis represent the $ final amount. There are 3 annual returns covered ie 8%, 10 % and 12%. .

You can see that with a one off investment of $ 1,000 you can be a millionaire if you can achieve a 12 % annual return with more than 60 years investment horizon. But if you invest $1,000 every year, you can be a millionaire with a 10 % annual return and 50 years investment period. Doable isn't it?

The moral of the story? If you want to be a millionaire, start investing when young, continue to stay invested, invest regularly and of course achieve a 10 % compounded return annually. 

If you want to learn how to get consistent returns, I recommend value investing.  I have a book on Amazon as shown that teaches you how to do so. As part of the Kindle program, this is available for free download for one day staring 0000 hr 15 July 2022 Pacific Date Time. Don't miss the opportunity and go to Amazon on the date.