Can Investing $50,000 Into This Top Vanguard ETF Get You to $1 Million by the Time You Retire?

Investing a large lump sum in the stock market doesn't have to be a risky move. If you put the money into a well-diversified exchange-traded fund (ETF) that gives you exposure to hundreds of stocks, it can be a solid investment to hang on to. A popular option for many investors and that advisors often recommend is to simply track the S&P 500. The broad index tracks the leading companies and historically, it has averaged an annual return of 10%. While there may be occasional bad years along the way, a simple buy-and-hold strategy has been an effective way for many people to grow their wealth.An ETF that tracks the index and which has minimal fees is the Vanguard S&P 500 ETF (NYSEMKT: VOO). Could putting $50,000 into the ETF get you to $1 million by the time you retire? Let's take a look at how probable of a scenario that is.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool