Prediction: This Is What a $5,000 Investment in the Vanguard S&P 500 ETF (VOO) Will Be Worth by 2040
How does $19,000 sound?
Overview
One of the simplest and best ways to invest in the stock market is by investing in a low-fee S&P 500 (SNPINDEX: ^GSPC) index fund. A fine example is the Vanguard S&P 500 ETF (NYSEMKT: VOO). Even Warren Buffett has recommended it for most investors and has directed that most of the money he leaves his wife be put in such a fund.
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No one can know precisely how any stock investment will perform. But a look back can give us a rough idea. Here's the Vanguard S&P 500 ETF's past performance:
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.