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Can you build a fortune with micro investment?
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[QUOTE="Mika, post: 259582, member: 29399"] I don't know what the word "fortune" implies. If it means becoming a millionaire, I don't think you can become a millionaire through micro-investment. How can you become a millionaire by investing $50? Maybe you can if you invest $50 every month, for 10-20 years, and increase your investment fund by 20-30 percent every 1-2 years. If you can grow your investment through compounding, you might be able to build a fortune. For example, instead of receiving dividends and spending the money, you can reinvest it. A lot of micro-investment platforms allow investing in crypto. When you are investing in crypto, even a $1000 investment can make you a millionaire. If you cannot spare $1000 at once, you can invest $80 per month for 12 months. If you have the patience to wait for 10 years, you might be able to become a millionaire. Crypto seems to give better yields compared to stocks. [/QUOTE]
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Can you build a fortune with micro investment?
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