The SPDR S&P 500 ETF Trust has seen a significant increase in value over the past decade, with a nearly fourfold climb. Investing successfully in the stock market doesn’t always require expertise in financial modeling or business analysis. It’s advisable to invest early and consistently, rather than waiting for a pullback. The ETF, which tracks the S&P 500, has proven to be a successful investment choice. Investors who put $1,000 into this ETF 10 years ago would have seen substantial growth in their investment.

Since September 2015, the SPDR S&P 500 ETF Trust has generated a total return of 291%, resulting in an annualized gain of 14.6%. Despite trading near record highs, timing the market perfectly is nearly impossible. The ETF has historically performed well and may continue to do so for patient investors. Consideration should be given to the 10 best stocks currently recommended by the Motley Fool Stock Advisor analyst team, which does not include the SPDR S&P 500 ETF Trust in its top picks.

Read more at Nasdaq.: If You’d Invested $1,000 in the SPDR S&P 500 ETF Trust (SPY) 10 Years Ago, Here’s How Much You’d Have Today