Investing $100 per Month in This Growth ETF Could Become $106,000 in 20 Years. Here's How.
Small sums of money invested in a consistent manner can lead to impressive long-term results.
Overview
It's so easy to get caught up in the day-to-day of market and economic developments. However, this isn't supportive of lasting success in the stock market.
When investing is done the right way, with a strong focus on the long term, the results can be magnificent. Investors can build substantial wealth by being patient and sticking to their strategies. The numbers back up this claim.
Details
Just look at what the Vanguard Growth ETF (NYSEMKT: VUG) can do. Investing $100 per month in this growth-focused exchange-traded fund (ETF) could result in a huge $106,000 portfolio in 20 years. Here's how.
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.