Building a $1 million portfolio doesn’t require risky stocks. Consistency and simplicity can be more valuable. Many can achieve this goal with time and commitment. While some millionaires have hit it big with small investments in companies like Nvidia, a simpler strategy is investing in an ETF monthly.

The key to a $1 million portfolio isn’t finding the next big stock. Consistent investment in an S&P 500 ETF can yield solid returns. Most professional fund managers struggle to match the S&P 500, making it a reliable choice for steady growth. Investing consistently over time can lead to millionaire status without needing to outperform the market.

Investing in a Vanguard S&P 500 ETF can be a reliable way to build wealth. By consistently adding to this ETF monthly, you can reach $1 million over time. Historical data can provide rough estimates for how long it may take based on your monthly investment amount. Compounding investments over time is key to reaching millionaire status.

Doubling your investment each month won’t necessarily halve your path to $1 million. Compounding investments over time is crucial. Consistently investing in an ETF can smooth out market fluctuations and help reach your financial goals. It’s a simple yet effective method for building wealth over time.

If you want a simple way to build a million-dollar portfolio, consistent investment in an ETF is key. Historical data can provide rough estimates on how long it may take based on your monthly investment amount. Compounding investments over time is crucial for reaching millionaire status without needing to outperform the market.

Read more at Yahoo Finance: This ETF Is the Simplest Path to $1 Million in 2026