[{"@context":"http:\/\/schema.org","@type":"Article","mainEntityOfPage":"https:\/\/moneydoneright.com\/passive-income\/stock-investing\/turn-5000-into-25000\/","datePublished":"2017-02-06","articleBody":"What if I told you that there were a way to convert $5,000 into $25,000 using a tried and true investment strategy?  Well, believe it or not, there\u2019s a foolproof way to turn $5,000 into $25,000 and potentially more.  What\u2019s the secret?  It\u2019s time.  Time?  Yes, time.  If you start investing early enough, time is all you need to quintuple your money.  You don\u2019t need secret investment opportunities or complicated trading algorithms.  You just need to be patient.  If you invest $5 today and earn a 6% annual return on it \u2014 roughly what the U.S. stock market has averaged historically \u2014 you will have $28.71 in 30 years.  Now let\u2019s think bigger.  If you invest $5,000 today and earn a 6% annual return on it, you will have $28,717 in 30 years.  And if you invest $50,000 today and earn a 6% annual return on it, you will have $287,174 in 30 years.  The trick is, though, to start early enough.  It doesn\u2019t matter what you have today, be it $5 or $50,000.  You just need to get started investing your money as quickly as possible.  Maybe that means you\u2019ll have to sacrifice some things to pay off your student loans a few years early.  Maybe that means that you\u2019ll have to forego an extra $5 or $10 of spending a week to save up enough to invest.  Whatever you have to do to get there, you need to start now.","image":"https:\/\/moneydoneright.com\/wp-content\/uploads\/turn-5000-into-25000.jpg","name":"Turn 5000 into 25000 Article","description":"This article explains why investing early is one of the best ways to turn $5,000 into $25,000.","dateModified":"2020-06-10","headline":"How to Turn $5,000 Into $25,000","publisher":{"@type":"Organization","logo":{"@type":"ImageObject","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","name":"Money Done Right Logo","height":"488","width":"60","@id":"https:\/\/moneydoneright.com\/#ImageObject"},"address":{"@type":"PostalAddress","name":"Money Done Right Address","addressCountry":"United States","addressLocality":"Valencia","addressRegion":"California","postalCode":"91354","streetAddress":"23890 Copper Hill Dr Ste 139","@id":"https:\/\/moneydoneright.com\/#PostalAddress"},"url":"https:\/\/moneydoneright.com\/","publishingPrinciples":"https:\/\/moneydoneright.com\/methodology\/","additionalType":"Blog","name":"Money Done Right","email":"support@moneydoneright.com","sameAs":["https:\/\/twitter.com\/moneydoneright","https:\/\/www.facebook.com\/moneydoneright\/","https:\/\/www.instagram.com\/moneydoneright\/","https:\/\/www.linkedin.com\/company\/money-done-right\/","https:\/\/www.pinterest.com\/moneydoneright\/","https:\/\/www.youtube.com\/c\/MoneyDoneRight"],"foundingLocation":"https:\/\/en.wikipedia.org\/wiki\/Santa_Clarita,_California","legalName":"Allec Media LLC","naics":"519130","parentOrganization":"https:\/\/moneydoneright.com\/#ParentOrganization","founder":{"@type":"Person","hasCredential":["https:\/\/cslainstitute.org\/","https:\/\/en.wikipedia.org\/wiki\/Certified_Public_Accountant"],"url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","spouse":"https:\/\/moneydoneright.com\/author\/caroline-allec\/","image":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2020\/01\/Logan-Allec-Money-Done-Right.jpg","name":"Logan Allec","description":"Logan Allec is a practicing Certified Public Accountant, Certified Student Loan Professional, and the founder of personal finance blog Money Done Right.  He provides a second level of review for the site\u2019s more technical articles, particularly those pertaining to taxation, credit, and student loans. He also educates thousands of people every week on The Money Done Right Show.","email":"logan.allec@moneydoneright.com","sameAs":["https:\/\/loganallec.com\/","https:\/\/twitter.com\/loganallec","https:\/\/www.benzinga.com\/author\/logan-allec","https:\/\/www.facebook.com\/logan.allec","https:\/\/www.fareverse.com\/writer\/logan-allec-cpa-freelance-writer\/","https:\/\/www.instagram.com\/loganallec\/","https:\/\/www.legalzoom.com\/author\/logan-allec","https:\/\/www.rent.com\/blog\/author\/logan-allec\/","https:\/\/www.thebalance.com\/logan-allec-5192331","https:\/\/www.youtube.com\/channel\/UC3Jg7eUCBPsjX13X7kTW1hQ"],"familyName":"Allec","givenName":"Logan","birthDate":"1988-08-04","birthPlace":"https:\/\/en.wikipedia.org\/wiki\/Anaheim,_California","alumniOf":["http:\/\/www.ucla.edu\/","https:\/\/en.wikipedia.org\/wiki\/Ernst_%26_Young","https:\/\/www.usc.edu\/"],"gender":"Male","jobTitle":"Founder","nationality":"https:\/\/en.wikipedia.org\/wiki\/Americans","worksFor":{"@id":"https:\/\/moneydoneright.com\/#Organization"},"@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/"},"@id":"https:\/\/moneydoneright.com\/#Organization"},"author":{"@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/"},"@id":"https:\/\/moneydoneright.com\/passive-income\/stock-investing\/turn-5000-into-25000\/#Article"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Passive Income","item":"https:\/\/moneydoneright.com\/passive-income\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Stock Investing","item":"https:\/\/moneydoneright.com\/passive-income\/\/stock-investing\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"How to Turn $5,000 Into $25,000","item":"https:\/\/moneydoneright.com\/passive-income\/stock-investing\/turn-5000-into-25000\/#breadcrumbitem"}]}]