If I Were in My 30s, I'd Buy This Magnificent ETF and Hold It for the Next 30 Years
Time is one of your most powerful allies when it comes to building a million-dollar portfolio.
Overview
If you're in your 30s, you have one of investing's greatest advantages on your side: time. With 30 years to go until retirement, you have more than enough time to capture the long-term return of stocks, ride out any corrections or bear markets along the way, and fully fund your lifestyle after you stop working.
But you need to choose the investments that will get you there. In this case, you don't need to choose anything overly aggressive or risky. You simply need to choose an ETF that invests broadly in stocks and lets you participate in the growth of the U.S. economy over time.
Details
For me, that fund is the Vanguard Morningstar Total Stock Market ETF (NYSEMKT: VTI).
Source
Originally published at www.fool.com.
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