Could Amazon Be Your Ticket to Becoming a Millionaire by 2030?

Amazon (NASDAQ: AMZN) has certainly made early investors rich. The tech juggernaut's share price has rocketed 222,100% higher in the past 28 years. An investor that put just $451 in the business back at the initial public offering would see that balance worth $1 million right now. This is a much better gain than what the Nasdaq Composite Index produced.However, investors who missed the boat have their sights on the future and what it could bring for their own portfolios. Can this "Magnificent Seven" stock be your ticket to becoming a millionaire by 2030? Jeff Bezos, Amazon's founder and former CEO, instituted a culture in which it's always "Day 1." This simply means that the business will never get complacent, always trying to push the needle to penetrate new markets and find ways to better serve customers. This continues to work wonders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool