You Don't Need Luck to Become a Millionaire -- Just Index Funds

You Don't Need Luck to Become a Millionaire -- Just Index Funds

In investing, compound earnings happen when the money you make on your investments begins to make money on itself, and it's how many people build their wealth. With time, consistency, and well-diversified index funds, millionaire status can be attainable -- and no luck will be needed. The S&P 500 is the most followed index in the stock market, tracking the largest 500 public U.S. companies by market cap.