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Mega-Brokie Investing $12.50 Per Week For Infinite Passive Income?
Can investing $50 per month build meaningful wealth?
Yes.
There’s an interesting Twitter post I recently read from an account called The Horseman, which details how much a $50 per month investment portfolio would have grown since January, 2021.
An investor who started with $50 in the S&P 500 and $50 in the Nasdaq, and then added $25 per month to each position, would have invested a total of $2,400. However, their portfolio would have grown to a valuation of $3,878.
A $1,478 gain, all from allocating $50 a month into two major indexes.
This fired up the old brain cell and got me thinking…
What would happen if you set your brokerage account to auto invest $50 per month into a stock that historically beats the market?
And, what if this stock also paid a substantial dividend?
There’s one business that instantly came to mind, a wide-moat company that historically outperforms the market while also issuing meaty dividends.
And that business is CME Group ($CME).
CME Group is “[T}he world’s largest operator of financial derivatives exchanges.” And, the company operates commodities markets for everything from…