Latest news with #SelenaMaranjian
USA Today
22-06-2025
- Business
- USA Today
How investing $33 a day could make you a millionaire by retirement
Most of us would love to be a millionaire, and many of us think, often correctly, that if we want to have a comfortable retirement, we'd better be a millionaire by the time we retire. (For many others, $1 million isn't enough -- much depends on where you live and how you live.) Here's a look at how you might become a millionaire by retirement by saving and investing just $33 per day. How $33 per day can get you to $1 million − or more An article like this can be very eye-opening and instructive, but it's hard to offer one table that applies equally well to everyone. Let's start with the table − and I'll add a lot of caveats and considerations after it. Investing $12,000 Annually for: Growing at 8% Annually Growing at 10% Annually Growing at 12% Annually Five years $76,032 $80,587 $85,382 10 years $187,746 $210,374 $235,855 15 years $351,892 $419,397 $501,039 20 years $593,076 $756,030 $968,385 25 years $947,452 $1,298,181 $1,792,007 30 years $1,468,150 $2,171,321 $3,243,511 35 years $2,233,226 $3,577,522 $5,801,557 40 years $3,357,372 $5,842,222 $10,309,707 I used several growth rates in that table, because the stock market can be somewhat unpredictable. Over many decades, the stock market has averaged annual returns of close to 10%. But over your investing period, it might average more -- or less. So for best results, go ahead and aim and hope for high returns, but prepare for lower ones, just in case. How much per day do you need to save and invest? You'll notice that per the table, it may take you 20 or 25 years to become a millionaire, saving and investing $33 per day, on average. That might not be good enough, if you're, say, 55 years old already. So check out the table, detailing how much you need to save to retire with $1 million -- if you want to retire at 65 and your money grows at 8% annually: Starting Age Monthly Savings Needed Daily Savings Needed 25 $325 $11 30 $485 $16 35 $740 $24 40 $1,140 $37 45 $1,825 $60 50 $3,070 $101 55 $5,760 $189 How should you invest your money? So now that you have a rough idea of how much you should be saving and investing, how should you be investing? Well, arguably the simplest, most effective strategy is just to invest in a low-fee, broad-market index fund, such as one that tracks the S&P 500. Since the S&P 500 has averaged annual returns close to 10% (ignoring inflation) over long periods, you have a fighting chance over your investment period to achieve an average annual gain of perhaps 8% or 10% − or possibly more. Index funds make investing easy, with an S&P 500 index fund, for example, such as the Vanguard S&P 500 ETF, instantly plunking you into 500 of America's biggest companies. If you can stomach some more risk, though, perhaps park some of your dollars in some fast-growing ETFs − though they can be more volatile. However you do it, be sure that you have a solid retirement plan and that you're sticking with it, saving and investing for a comfortable future. Selena Maranjian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. The $23,760 Social Security bonus most retirees completely overlook Offer from the Motley Fool: If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets"could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. JoinStock Advisorto learn more about these strategies. View the "Social Security secrets" »
Yahoo
20-06-2025
- Business
- Yahoo
Here's How Many Shares of Nvidia Stock You Should Own to Get $500 in Yearly Dividends
Spoiler: You'll need to buy a lot of Nvidia shares. And those shares will cost a lot. But you can get dividend income elsewhere and you might want to invest in Nvidia anyway. 10 stocks we like better than Nvidia › So you're looking for dividend income -- good for you! Dividend income can be a lifesaver in retirement and can provide cash for more investing when you haven't yet retired. You might also be wishing you were an Nvidia (NASDAQ: NVDA) shareholder -- because, let's face it, who wouldn't want to be? The semiconductor company has been on a tear in recent years, growing like gangbusters and averaging annual gains of 75% over the past five years and 51% over the past 15 years. If you're thinking maybe you can combine your quest for dividend income and for Nvidia shares, you might want to think again, though -- because while Nvidia does pay a dividend, it isn't a very big one. It's currently a penny per share per quarter, totaling $0.04 per share over the course of a year. So if you're looking for, say, $500 in annual dividend income, you'd need a lot of Nvidia shares. Divide $500 by $0.04, and you'll get 12,500 -- which is the number of shares you'd need to own to generate $500 per year in dividends. Here's the catch -- with shares recently at $142 apiece, buying 12,500 shares would cost you nearly $1.8 million. That could certainly be a terrific investment, but it's not the most efficient way to produce annual income of $500. So look elsewhere for great dividend investments, but do consider investing in Nvidia. It used to be known as a maker of gaming-chip semiconductors, but it's now a titan in the world of data center chips (often used for artificial intelligence (AI) operations and even cryptocurrency mining). It may grow via acquisitions, too. Better still, Nvidia's stock seems reasonably valued at recent levels. Its recent forward-looking price-to-earnings (P/E) ratio of 34, for example, is below its five-year average of 40. And its recent price-to-sales ratio of 24 is close to its five-year average, though that's quite a steep level. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Selena Maranjian has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Here's How Many Shares of Nvidia Stock You Should Own to Get $500 in Yearly Dividends was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-04-2025
- Business
- Yahoo
If You'd Invested $10,000 in Twilio Stock 5 Years Ago, Here's How Much You'd Have Today
It's common for investors to look at their portfolios and wonder "What if..." For example, you might wonder what your portfolio would be worth if you'd sold a certain stock or two. Or what would have happened if you'd bought a certain stock. Let's use the example of Twilio (NYSE: TWLO), a company specializing in communication capabilities for businesses -- such as facilitating communication between a company and its customers. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » How would you have done if you'd bought into Twilio five years ago? Well, from April 15, 2020 to April 15, 2025, a $10,000 stake would have become worth... $8,761. Oops! Instead of growing in value, your investment would have shrunk by 12%, an average annual loss of 2.6%. In contrast, the S&P 500 index -- which you can invest in quickly and easily via a low-fee index fund -- averaged annual gains of more than 15%, more than doubling in value. That provides a good lesson about the power of index funds. But back to Twilio. What happened -- and what should investors do now? Well, between early 2020 and mid-2021, the stock soared, roughly quadrupling in value. That set up rather high expectations, though, and the stock started sinking, as many investors lost faith, due in part to Twilio spending heavily on research and development, on furthering its growth, and on fees to network services providers. The company is in a better place now, though. It's net losses have been shrinking, and demand is growing for its artificial intelligence (AI) tools. Twilio's fourth-quarter report featured revenue up 11% year over year -- though its earnings-per-share (EPS) growth of 16% lagged expectations, which sent shares lower. This lower stock price, with a recent price-to-sales ratio of 3.3, well below the five-year average of 4.8, presents an appealing entry point for risk-tolerant investors. Take a closer look if you're interested. Before you buy stock in Twilio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Twilio wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $518,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $640,429!* Now, it's worth noting Stock Advisor's total average return is 794% — a market-crushing outperformance compared to 153% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 Selena Maranjian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Twilio. The Motley Fool has a disclosure policy. If You'd Invested $10,000 in Twilio Stock 5 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
If You'd Invested $1,000 in SoFi Technologies Stock 3 Years Ago, Here's How Much You'd Have Today
I'd like to show how much your stake in SoFi Technologies (NASDAQ: SOFI) would be worth today if you'd invested in it a decade ago -- because I believe that long-term investing in great companies is arguably the best road to riches. But alas, SoFi is a young company and only started trading on the stock market in early 2021. So here's how you'd have done if you'd parked $10,000 in it roughly four years ago: Your stake would be worth about $5,029. Oops! As often happens when stocks many people are excited about debut on the market, typically via with initial public offerings (IPOs), excitement drives the stocks up sharply, only to see them fall to earth some months later. (It's often smart to wait for a newly trading company to settle down before investing in it.) You might be interested to learn more about SoFi Technologies, because it has a lot of promise. It's a digital financial services company -- a "fintech" business -- offering services such as banking, loans, investing, credit cards, mortgage loans, student loan refinancings, insurance, and more. (Whew!) Via its app, it aims to be a one-stop financial stop. In short order, SoFi has become the 63rd-largest bank in the U.S. by assets -- and it may well rise much higher in the ranking if it keeps executing well. Per a Motley Fool Research report, some three-quarters of banking customers are likely to switch banks if they find something they like better. SoFi recently boasted 10 million members -- having more than tripled its membership in just over three years. It has demonstrated an ability to grow -- but it does face some potential headwinds, such as a possible recession. In addition, its stock isn't exactly bargain-priced, with a recent price-to-sales ratio of 4.8. That is lower than the ratio it has been in past years, though, and it's looking like a reasonable entry point for risk-tolerant investors. Before you buy stock in SoFi Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SoFi Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $495,226!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $679,900!* Now, it's worth noting Stock Advisor's total average return is 796% — a market-crushing outperformance compared to 155% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 5, 2025 Selena Maranjian has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. If You'd Invested $1,000 in SoFi Technologies Stock 3 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool
Yahoo
14-04-2025
- Business
- Yahoo
If You'd Invested $1,000 in SoFi Technologies Stock 3 Years Ago, Here's How Much You'd Have Today
I'd like to show how much your stake in SoFi Technologies (NASDAQ: SOFI) would be worth today if you'd invested in it a decade ago -- because I believe that long-term investing in great companies is arguably the best road to riches. But alas, SoFi is a young company and only started trading on the stock market in early 2021. So here's how you'd have done if you'd parked $10,000 in it roughly four years ago: Your stake would be worth about $5,029. Oops! As often happens when stocks many people are excited about debut on the market, typically via with initial public offerings (IPOs), excitement drives the stocks up sharply, only to see them fall to earth some months later. (It's often smart to wait for a newly trading company to settle down before investing in it.) You might be interested to learn more about SoFi Technologies, because it has a lot of promise. It's a digital financial services company -- a "fintech" business -- offering services such as banking, loans, investing, credit cards, mortgage loans, student loan refinancings, insurance, and more. (Whew!) Via its app, it aims to be a one-stop financial stop. In short order, SoFi has become the 63rd-largest bank in the U.S. by assets -- and it may well rise much higher in the ranking if it keeps executing well. Per a Motley Fool Research report, some three-quarters of banking customers are likely to switch banks if they find something they like better. SoFi recently boasted 10 million members -- having more than tripled its membership in just over three years. It has demonstrated an ability to grow -- but it does face some potential headwinds, such as a possible recession. In addition, its stock isn't exactly bargain-priced, with a recent price-to-sales ratio of 4.8. That is lower than the ratio it has been in past years, though, and it's looking like a reasonable entry point for risk-tolerant investors. Before you buy stock in SoFi Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SoFi Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $495,226!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $679,900!* Now, it's worth noting Stock Advisor's total average return is 796% — a market-crushing outperformance compared to 155% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 5, 2025 Selena Maranjian has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. If You'd Invested $1,000 in SoFi Technologies Stock 3 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool Sign in to access your portfolio
