If You Invest $5,000 in the Vanguard Information Technology ETF Today, Here's What You Might Have in 20 Years
Tech stocks have had an extraordinary 20-year run. The next two decades could also produce impressive returns.
Overview
The Vanguard Information Technology ETF (NYSEMKT: VGT) has delivered an average annual return of roughly 25% over the past decade and around 15% per year since it launched in 2004.
Considering the S&P 500 has averaged about 10% per year over its history, these returns are nothing short of fantastic.
Details
It also shouldn't be assumed that they'll continue indefinitely. It's possible that the artificial intelligence (AI) revolution and the earnings growth that comes with it could continue for years. Let's start by using a return figure close to the long-term market averages. Here's how much $5,000 could turn into in 20 years.
Source
Originally published at www.fool.com.