Here's How Big a $50-Per-Week Investment in the S&P 500 Could Grow Over the Long Haul

Core Insights - The article emphasizes the potential of generating significant wealth through consistent, small investments in the stock market, particularly through the S&P 500 index funds [2][10][11] Investment Strategy - Investing small amounts, such as $50 per week, is now feasible due to the availability of commission-free trading options, making it easier for investors to participate without incurring high fees [2][3] - The S&P 500 index is recommended as a safe investment option, reflecting the overall health of the stock market and providing a diversified portfolio for novice investors [4][10] Cost Efficiency - The SPDR S&P 500 ETF (SPY) is highlighted as a low-cost investment vehicle with an expense ratio of 0.095%, resulting in minimal fees on investments, which is advantageous for long-term growth [5][8] Historical Performance - Historically, the S&P 500 has averaged an annual return of around 10%, suggesting that investments could double approximately every seven years [6][9] Long-Term Growth Potential - A consistent investment of $50 per week could lead to substantial growth over time, with projections indicating a balance of $1,390,779 after 40 years at a 10% annual return [9] - The article stresses the importance of starting early, as the compounding effect significantly increases potential gains as the investment period extends [9][11]