Invest in Vanguard Mega Cap Growth ETF with $275/month for potential $1 million portfolio growth

From Nasdaq: 2024-10-29 05:45:00

If you’re looking to grow your portfolio to over $1 million, consider investing in an exchange-traded fund (ETF) alongside your savings. The Vanguard Mega Cap Growth ETF has provided an average annual return of over 15% over the past decade, focusing on top growth stocks like Apple and Microsoft, with a low expense ratio of 0.07%.

With a continued investment of $275 per month into the Vanguard Mega Cap Growth ETF, your portfolio could potentially grow significantly over the years. Assuming a 10% annual growth rate, your balance could reach over $1 million in 35 years, showcasing the power of consistent investing in a high-performing fund.

Investing in a Vanguard ETF can simplify your investment strategy and provide stability with low fees and good diversification. By having a go-to fund for regular investments, you can reduce the risk associated with individual stock picking and build a strong foundation for your portfolio’s growth over time.

Consider the potential of investing in the Vanguard Mega Cap Growth ETF, as identified by the Motley Fool Stock Advisor team. While it may not have made their top 10 stock picks, the service has a track record of outperforming the S&P 500 and providing valuable insights for investors looking to maximize their returns over the long term.



Read more at Nasdaq: 1 Supercharged Vanguard Fund That Can Turn $275 Per Month Into More Than $1 Million