How long till I get rich?

[cd_vision]

Something I get asked a lot is "How much time does it take to become rich in the market?" I'll give you a realistic assessment. If you are starting from nothing, but willing to contribute 5% of your income to a solid growth stock that pays dividends, or even just an index fund, something like the S&P 500. If you're going to do individual stocks,

Comments

[ladyinfidel]

i wish only 2 years but it's longer than that.

[cd_vision]

This is based on personal experience. But it assumes regular employment too, this information wouldn't apply to someone who daytrades. It's meant to be for a buy and hold situation primarily, with frequent deposits.