Building a retirement portfolio worth $1 million is achievable by consistently adding funds over time. For instance, starting with a portfolio value of $50,000 and adding $200 monthly could yield over $1 million in 30 years, assuming a 10% annual return.
Amazon’s market capitalization is approximately $2.2 trillion, with a 17% year-over-year growth in its AWS cloud computing division. Meanwhile, Alphabet, trading at a P/E ratio of 20, reported a 14% increase in overall revenue, reaching $50.7 billion from Google Search last quarter. Both companies are projected to continue their growth trajectories, with the cloud computing market expected to grow at an annualized rate of 15% through 2035.
