From Nasdaq:

The stock market is on the rise, making it an opportune time to start investing. The S&P 500 recently reached an all-time high after soaring by almost 38% from its low in October 2022, and ETFs are a good way to invest with minimum effort. The Vanguard Growth ETF is a particularly strong option, earning total returns of over 544% since its inception in 2004.

The Vanguard Growth ETF has a well-balanced mix of risk and reward, with its top 10 holdings making up about half its composition and the remaining half consisting of nearly 200 smaller stocks with high growth potential. For long-term investors, it’s worth noting that the ETF has earned an average rate of return of about 14% over the past 10 years.

Assuming a 12% average annual return, investors contributing $100 per month could accumulate about $518,000 after 35 years. With greater contributions or more years to invest, you could potentially earn much more, making the Vanguard Growth ETF a smart option for building wealth.

The Motley Fool Stock Advisor team recently identified 10 best stocks for investors to buy now, and the Vanguard Growth ETF wasn’t one of them. However, their Stock Advisor service has more than tripled the return of the S&P 500 since 2002. Nevertheless, it’s important to do thorough research and consider all factors before making an investment decision.



Read more: 1 Unstoppable Growth ETF to Turn $100 Per Month Into $518,000 While Barely Lifting a Finger