Investing in index funds offers long-term market gains, with a 75% increase in the past three years and 12% annualized over 20 years. Consider ETFs tracking growth and tech stocks for safer alternatives, like the Vanguard Information Technology ETF, which could potentially turn $150 monthly investment into nearly $700,000 in 30 years.
The Vanguard Information Technology ETF has over 300 components, offering diversification and protection for your money. With a focus on large tech stocks, it has the highest 10-year returns of any Vanguard ETF, averaging over 22% annually. Since its inception in 2004, it has averaged just over 14% annualized gain.
Consider the potential returns of investing in the Vanguard Information Technology ETF, but note that it wasn’t among the 10 best stocks identified by the Motley Fool Stock Advisor analyst team. The top 10 stocks recommended could yield significant returns in the coming years, as proven by past recommendations like Netflix and Nvidia.
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Read more at Yahoo Finance: 1 Tech Index Fund Could Turn $150 Per Month Into $700,000
