Investing $300 monthly in Vanguard S&P 500 Growth ETF could turn into $1.2 million

From Nasdaq: 2024-12-21 11:00:00

Building an investment portfolio worth $1 million is a common goal, but few reach it. Investing in the stock market can pave the way for serious wealth, even with minimal expertise. Exchange-traded funds (ETFs) offer a simple way to diversify with one investment, like the Vanguard S&P 500 Growth ETF, potentially turning $300 per month into $1.2 million.

The Vanguard S&P 500 Growth ETF focuses on fast-growing companies within the S&P 500, offering a balanced risk-reward profile. With an average annual return of 14.95% over the past decade, it outperforms the S&P 500 ETF. While past performance is no guarantee, consistent investing could lead to significant wealth accumulation over time.

To reach $1.2 million in total savings, investing consistently for around 30 years with a 14% average annual return is necessary. Even if returns are lower, like 8%, substantial wealth accumulation is still possible. The right investment, like a growth ETF, can lead to significant gains over time with minimal effort, potentially changing your financial future.

Consider investing in Vanguard Admiral Funds – Vanguard S&P 500 Growth ETF, a growth fund that could yield substantial returns. The Motley Fool Stock Advisor team identified 10 top stocks for investors, excluding this ETF, that could offer significant returns in the future. Stock Advisor provides a blueprint for success, with historical returns outperforming the S&P 500 since 2002.



Read more at Nasdaq: This Powerhouse Vanguard ETF Could Turn $300 Per Month Into $1.2 Million. Here’s How.