If You Invest $500 a Month in the Vanguard Total Stock Market ETF Starting Today, Here's What History Says You Could Have in 25 Years
Just $500 per month can build a big chunk of your retirement nest egg.
Overview
You want to make a lot of money, right? And you would like to do it quickly and easily, too, I bet. Getting rich quick isn't easy or reliable, but it can certainly be easier given enough time.
One way is to invest in a low-fee, broad-market index fund. An S&P 500 index fund is a strong option, but consider going even wider, with the Vanguard Total Stock Market ETF (NYSEMKT: VTI). It will spread your dollars across most of the U.S. stock market, including large, small, and medium-size companies -- more than 3,500 of them, in total.
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Details
Source
Originally published at www.fool.com.
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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.