How I’d make a million in the stock market with just £200 per month

July 5, 2021 0 Comments

first_imgHow I’d make a million in the stock market with just £200 per month I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Rupert Hargreaves | Saturday, 11th January, 2020 center_img Being able to make a million in the stock market with just £200 a month might seem like an unrealistic goal at first. However, according to my figures, it is possible to build a nest egg of this size with a disciplined savings and investment plan.Today, I’m going to explain how you can hit this target without having to lift a finger.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Regular investingToday, most online investment platforms offer a regular investment plan. These plans start from around £10 a month and allow you to invest as much as you want every month. You don’t need to initiate the trade yourself, all you need to do is set up a plan and a direct debit, sit back and relax, although you do need to choose which investments you want to buy.Based on its past performance, the FTSE 250 looks like it could be a great investment to help you make a million.You can invest in the market with a low-cost passive tracker index fund. The cheapest on the market at the moment charges 0.18% per annum in management fees, and you can get a substantial discount on this cost if you buy the tracker fund through certain brokers.Booming returnsThe near-term outlook for the FTSE 250 might be cloudy due to economic and Brexit uncertainty. Nevertheless, over the long run, the outlook for the index is set to improve as these uncertainties recede and economic growth returns.Since its inception, the FTSE 250 index of companies has produced an average annual return of around 12%. At this rate of return, I calculate that a saver would be able to build a £1m nest egg after 33 years of saving £200 a month.Stocks and Shares ISAA Stocks and Shares ISA can help you meet this target in the most tax-efficient manner. These investment wrappers allow investors to avoid capital gains, income and dividend tax on money held within them, which means they can significantly reduce your tax bill in the long run.This is particularly important for higher rate taxpayers, who could lose a large chunk of their savings to the taxman now that the dividend allowance has been reduced to just £2,000 a year.The simplicity of a Stocks and Shares ISA means that it is a straightforward way to maximise your returns, and any investor can open one of these products. Maximum contributions of £20,000 a year are allowed. So there will be no problem with contributions of £200 a month, or £2,400 a year. Most ISA providers also allow savers to set up a regular investment plan.As such, if you are serious about making a million in a stock market, now could be a great time to set up a stocks and shares ISA to make the most of the tax advantages offered. Enter Your Email Address Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. See all posts by Rupert Hargreaveslast_img read more