Could The Vanguard S&P 500 ETF Be Your Ticket to Becoming a Stock Market Millionaire? History Offers a Clear Answer.
With enough time and consistency, this investment could be lucrative.
Overview
The Vanguard S&P 500 ETF (NYSEMKT: VOO) recently made stock market history, becoming the first ETF to reach $1 trillion in assets. And there's good reason why it's the most popular ETF among investors.
Not only does this fund offer diversified exposure to 500 of the largest U.S. companies, but it also has a rock-solid track record of consistent growth over time. In fact, since the Vanguard S&P 500 ETF was launched in 2010, it's delivered total returns of nearly 800%, as of this writing.
Details
But is it really possible to earn $1 million or more with this slow-but-steady ETF? History says yes -- but with a caveat.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.