If I Could Tell Every Investor 1 Thing About Building Lasting Wealth in the Stock Market, It's This
It's about time, not timing.
Overview
Stock market investors have been able to participate in the country's best wealth-creation program. The S&P 500 (SNPINDEX: ^GSPC) always goes through ups and downs, but over time, it has been an incredible wealth-building machine. Over the past 30 years, for example, it has gained 1,890%.
That's why exchange-traded funds (ETF) that track the index have become such a popular investing vehicle. The Vanguard S&P 500 ETF (NYSEMKT: VOO) has become the largest ETF in the world, with $1.7 trillion in assets.
Details
There are many methods for investing successfully, beating the market, and building wealth. But they all have one thing in common no matter which method you choose: staying in the market for the long term.
Source
Originally published at www.fool.com.