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Is This Vanguard ETF a Millionaire Maker?
Everyone would love to make a million dollars through investing -- and there are various ways to set yourself off on the right path. One way is to invest in a broad range of quality stocks and hold on to them for the long term. Though this is something all of us can do, it requires some time and effort.Now, what if I told you that with just one investing move, you could invest in 500 of today's top stocks? This is one time when something that sounds too good to be true actually is true: By buying shares of an exchange-traded fund (ETF) that tracks the S&P 500 (SNPINDEX: ^GSPC), you gain exposure to the biggest companies driving today's economy.A popular low-cost one to try is the Vanguard S&P 500 ETF (NYSEMKT: VOO). But will this Vanguard ETF make you a millionaire? Let's find out.Continue reading
Everyone would love to make a million dollars through investing -- and there are various ways to set yourself off on the right path. One way is to invest in a broad range of quality stocks and hold on to them for the long term. Though this is something all of us can do, it requires some time and effort.
Now, what if I told you that with just one investing move, you could invest in 500 of today's top stocks? This is one time when something that sounds too good to be true actually is true: By buying shares of an exchange-traded fund (ETF) that tracks the S&P 500 (SNPINDEX: ^GSPC), you gain exposure to the biggest companies driving today's economy.
A popular low-cost one to try is the Vanguard S&P 500 ETF (NYSEMKT: VOO). But will this Vanguard ETF make you a millionaire? Let's find out.
