To grow your portfolio to over $1 million, steadily add to your investments over time. Consider Vanguard ETFs like VTI and VOOG, which can turn $300-per-month investments into $1 million after 34 years. VTI offers exposure to 3,500 stocks with minimal fees, while VOOG focuses on growth stocks within the S&P 500.
VTI has a 0.03% expense ratio and tech stocks make up around 40% of its holdings. Over the past decade, VTI has performed similarly to the S&P 500, averaging returns of around 10% per year. With consistent performance, a $300 monthly investment in VTI can reach $1 million in 34 years.
VOOG has a slightly higher expense ratio of 0.07% but focuses on growth stocks within the S&P 500. Over the past 10 years, VOOG has generated returns of around 315%, outperforming VTI and the S&P 500. While there’s more risk with VOOG due to its focus on growth, it has the potential to generate superior gains.
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Read more at Yahoo Finance: 2 Top Vanguard ETFs That Can Turn $300 Each Month Into Over $1 Million
