This Unstoppable Vanguard ETF Would Have Nearly Tripled Your Money in the Last 5 Years. Could It Set You Up for Life?
With a long-term outlook, this ETF could potentially be lucrative.
Overview
The right investment can transform your finances, and exchange-traded funds (ETFs) are a low-effort way to build long-term wealth.
The Vanguard Information Technology ETF (NYSEMKT: VGT) has been skyrocketing, earning total returns of more than 150% in the last five years alone. This means that if you'd invested $10,000 back then, you'd have over $25,000 by today.
Details
Past performance doesn't predict future returns, but there's reason to believe this ETF could still have plenty of room for growth. Here's why.
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.