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1 Top Vanguard ETF That Could Turn $50,000 Into $542,000 in 25 Years
Generating a 10x return in the stock market doesn't have to be difficult -- if you're willing to be patient. By investing your money into a solid exchange-traded fund (ETF) and letting it grow, you can position yourself for some excellent gains, thanks to the effects of compounding.One of the better ETFs to hold for the long haul is the Vanguard Growth Index Fund ETF (NYSEMKT: VUG). As its name suggests, it holds growth stocks, and that has yielded some impressive returns for investors in recent years. Here's why this can be a great investment to hang on to, and why over a period of 25 years it could turn a $50,000 investment into $542,000.Image source: Getty Images.Continue reading
Generating a 10x return in the stock market doesn't have to be difficult -- if you're willing to be patient. By investing your money into a solid exchange-traded fund (ETF) and letting it grow, you can position yourself for some excellent gains, thanks to the effects of compounding.
One of the better ETFs to hold for the long haul is the Vanguard Growth Index Fund ETF (NYSEMKT: VUG). As its name suggests, it holds growth stocks, and that has yielded some impressive returns for investors in recent years. Here's why this can be a great investment to hang on to, and why over a period of 25 years it could turn a $50,000 investment into $542,000.
Image source: Getty Images.
