“Investing in These 10 Stocks 30 Years Ago Could Have Made You a Millionaire Today”
How to Become a Millionaire by Investing in Wall Street Stocks
Becoming a millionaire by investing in certain Wall Street stocks is absolutely achievable.
The facts are there to support this claim.
The two essential ingredients are an initial investment of $10,000, which is slightly below 10,000 euros, and a good dose of patience.
If you had invested $10,000 in ten selected stocks from Wall Street 30 years ago and held onto them until July 2024, you would now possess a fortune valued at millions of dollars.
Charlie Bilello, a market strategist at Creative Planning, pointed this out, presenting a list of stocks from the S&P 500 that have performed the best over the last 30 years, specifically from August 1994 to July 2024.
Top Performing Stocks from Wall Street Over 30 Years
Among these companies, some are notable titans in the USA, including big names like Apple, Amazon, and Nvidia.
However, there are also lesser-known American corporate gems in the mix.
Nvidia stands out with an astonishing gain of over 322,000%.
If someone invested $10,000 in Nvidia back in 1999, their shares would be worth over $32 million today!
Other noteworthy stocks that could have turned a $10,000 investment into over $10 million include Amazon and Monster Beverage, whereas stocks like Apple and Netflix, despite slightly lower returns, still made investors millionaires.
Performance Summary
Here’s a quick overview of the top 10 performing stocks:
| Stock | Performance | Value of $10,000 Today |
|---|---|---|
| Nvidia (NVDA) | +322,185% | $32,228,453 |
| Amazon (AMZN) | +249,208% | $24,930,785 |
| Monster Beverage (MNST) | +164,539% | $16,463,861 |
| NVR (NVR) | +140,431% | $14,053,114 |
| Apple (AAPL) | +88,807% | $8,890,734 |
| Netflix (NFLX) | +58,273% | $5,837,319 |
| Pool (POOL) | +56,328% | $5,642,835 |
| Axon Enterprise (AXON) | +56,082% | $5,618,189 |
| Biogen (BIIB) | +50,397% | $5,049,745 |
| Altria (MO) | +49,365% | $4,946,468 |
This compelling data shows the power of long-term investment and the potential for significant returns when selecting the right stocks.
