How to turn your cash into $1 million with ASX shares
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The ASX share market is a wonderful vehicle for wealth creation. If we invest well and let time grow our money, we can reach $1 million and much more.
Compounding is a very powerful force – it’s like planting a small sapling and watching it become a large tree after a number of years if it’s left alone.
Reaching $1 million is certainly not easy, but I do think it’s possible.
I should also add that although alluring, property investing can be more time-consuming because of all the paperwork and the potential hassle of dealing with tenants (or having no tenant). Plus, owning investment properties likely comes with hundreds of thousands of dollars of debt.
I’d rather invest…
