Published • loading... • Updated
Elton John reckons gold is timeless but could it help target £1m from a £20,000 Stocks and Shares ISA?
Summary by The Motley Fool UK
1 Articles
1 Articles
Elton John reckons gold is timeless but could it help target £1m from a £20,000 Stocks and Shares ISA?
Taking a Stocks and Shares ISA from £20,000 to £1m is ambitious but theoretically possible. For example, if an average growth rate of 12% a year could be sustained for 35 years, a seven-figure portfolio would result. In fact, since September 2020, the share price of the FTSE 100âs Endeavour Mining (LSE:EDV) has grown by an average of 13.4% a year. If that rate held steady, someone could become an ISA millionaire within 32 years. However, a d…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium