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Mon, January 27, 2025

1 Unstoppable ETF That Could Turn $350 per Month Into $1 Million


Published on 2025-01-27 07:21:08 - AOL
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  • Investing in the stock market today can be a bit concerning, given the S&P 500's elevated levels and many stocks trading at high valuations. Putting money every month into a diverse exchange-traded fund (ETF) can be an excellent way to ensure you aren't worried about timing the market while also putting yourself in a great position to grow your portfolio's balance over the long term.

The article from AOL discusses the potential of investing in the Vanguard S&P 500 ETF (VOO), highlighting its performance and benefits. It explains that the S&P 500, which VOO tracks, has historically provided an average annual return of about 10% before inflation. The piece emphasizes the power of compound interest, illustrating how a $200 monthly investment in VOO could grow significantly over time, potentially turning into a substantial sum over decades due to the compounding effect. It also mentions the low expense ratio of VOO, which is beneficial for long-term investors as it minimizes the fees that eat into returns. The article encourages investors to consider VOO for its diversification, low cost, and historical performance, suggesting it as a solid choice for those looking to build wealth over the long term.

Read the Full AOL Article at:
[ https://www.aol.com/1-unstoppable-etf-could-turn-110100712.html ]
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