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How to turn $10,000 into $100,000 with ASX shares
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How to turn $10,000 into $100,000 with ASX shares
Turning $10,000 into $100,000 sounds like a big goal, but compounding can do surprising things when it is given enough time. If I assume an average annual return of 9% and no further contributions, the maths gives us a good idea of what the journey could look like. How long would it take? At a 9% annual return, $10,000 would grow to approximately $100,000 after 27 years. Of course, it is worth remembering that the share market will not return ex…
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