Article discusses investing in Vanguard S&P 500 Growth Index Fund ETF Shares to reach $1 million in retirement.

From Nasdaq: 2024-11-23 09:00:00

Investing in growth stocks, like metaverse, artificial intelligence, and GLP-1 weight loss stocks, can boost your portfolio. To simplify the process, consider Exchange-Traded Funds (ETFs) like Vanguard S&P 500 Growth Index Fund ETF Shares (VOOG), focusing on S&P 500 growth companies. With a low expense ratio and strong historical performance, it offers potential long-term growth.

To reach $1 million through the ETF, consider investing at least $70,000 and holding for 35 years. While past returns have averaged around 15%, projecting a more conservative 8% growth rate is wise. Even slight improvements in returns can significantly impact your investment’s growth over time.

Explore “Double Down” stock recommendations for companies like Nvidia, Apple, and Netflix. Investing in these picks at the right time could yield substantial returns. Don’t miss out on this opportunity to potentially maximize your investments before it’s too late.



Read more at Nasdaq: Here’s How Much You Would Need to Invest in This Unstoppable Vanguard ETF Today to Grow Your Portfolio to $1 Million or More by Retirement