A Monthly Investment of Just $250 in This Vanguard ETF Could Turn Into a Mind-Boggling Sum in 30 Years
Investing in growth stocks can produce spectacular results over the long term.
Overview
The Vanguard Morningstar Growth ETF (NYSEMKT: VUG) is an exchange-traded fund (ETF) that mimics the Morningstar U.S. Large Cap Growth index. The ETF exclusively holds 147 of the most valuable growth stocks listed on U.S. exchanges, which is why it has consistently outperformed the broader market since it launched in 2004.
Growth stocks are known for producing high capital gains, separating them from value stocks that offer modest returns supplemented by dividend income. Volatility is often the price of admission when investing in growth versus value, but it can also be very rewarding over the long term.
Details
Here's how a monthly investment of $250 in the Vanguard Morningstar Growth ETF could turn into a mind-boggling sum of money in 30 years.
Source
Originally published at www.fool.com.