The Vanguard S&P 500 ETF Could Turn $200 per Month Into Over $1 Million. Here's How.
It's simpler than you might think to build lifelong wealth with this core portfolio holding.
The Vanguard S&P 500 ETF Could Turn $200 per Month Into Over $1 Million. Here's How.
Overview
The Vanguard S&P 500 ETF (NYSEMKT: VOO) recently reached a major milestone, becoming the first ETF in history to surpass $1 trillion in assets.
There are plenty of reasons why this ETF is the most popular among investors. It offers broad diversification across 500 large U.S. companies, and the S&P 500 (SNPINDEX: ^GSPC) itself has a decades-long track record of surviving market volatility. It even comes highly recommended by Warren Buffett, who has called the S&P 500 fund "the best thing" for most investors.
Details
While this investment is known for its consistency and stability, it can also be a powerful wealth-building machine. With enough time, it could even turn $200 per month into more than $1 million. Here's how.
Source
Originally published at www.fool.com.
