Is Cava Stock Your Ticket to Becoming a Millionaire?
Successful investing involves steady, consistent stock purchases over many years, letting the magic of compounding do its work. The S&P 500 has delivered an average annualized gain of 10.3% over the past 20 years, so even just investing in a simple index fund could help you achieve long-term wealth.However, if you invest in a diversified group of individual stocks that you have confidence in, you could achieve greater wealth much faster. Finding that one ticket to millionaire status is a rare occurrence that can happen if you choose the right stocks. Can hot growth stock Cava Group (NYSE: CAVA) be that stock?Image source: Getty Images.Continue reading
Successful investing involves steady, consistent stock purchases over many years, letting the magic of compounding do its work. The S&P 500 has delivered an average annualized gain of 10.3% over the past 20 years, so even just investing in a simple index fund could help you achieve long-term wealth.
However, if you invest in a diversified group of individual stocks that you have confidence in, you could achieve greater wealth much faster. Finding that one ticket to millionaire status is a rare occurrence that can happen if you choose the right stocks. Can hot growth stock Cava Group (NYSE: CAVA) be that stock?
Image source: Getty Images.
