Start Investing Today: Stocks Crush Savings Accounts

By Anders Bylund – Jan 30, 2014 at 2:00PM

DJINDICES: ^DJI

Dow Jones Industrial Average

Market Cap

Today's Change

(0.49%) $184.42

Current Price

$37,959.80

Price as of April 19, 2024, 11:51 a.m. ET

Investing in the stock market is sure to build wealth in the long run, as the market laughs at the microscopic returns in savings and money market accounts.

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The stock market can make you rich. All it takes is a bit of starting capital plus some time and patience. Sure, the Dow Jones Industrial Average (^DJI 0.49%) drops once in a while, as in the massive crash of 2008. But the Dow always comes back stronger than before.

In the video below, Mike Klesta grills Fool analyst Anders Bylund on why you should leave emergency money in your savings account and let stocks or market-tracking funds like the SPDR Dow Jones Industrial Average ETF (DIA 0.53%) handle your retirement nest egg.

Spoiler alert: Compounding returns really are magical in the long run.

Anders Bylund has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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