How long would it take to build a $1 million ASX share portfolio investing $1,000 per month?
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Reaching a $1 million ASX share portfolio may be exactly what many Australians would like to create.
Of course, a million dollars doesn’t just appear out of nowhere. If we want to build it ourselves, then it will take investing money, compounding, and some time.
Compounding is a very powerful financial force that can help us grow our wealth. A small number can grow significantly over time.
It could take an extremely long time to save $1 million of cash in the bank. But, we don’t need to contribute as much if investments are organically growing themselves.
How to make $1 million with ASX shares
If an Aussie can save $1,000 per month from their monthly budget, then they can put…
