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$1,000 in VOO Could Turn Into $2,100
Putting money to work in the stock market is a smart choice for your financial future. Investors who think they need to start that journey with huge sums of capital are mistaken, though. Even investing a relatively small amount of money to start can put you on a path toward building wealth. And there are a lot of ways to gain exposure to large swaths of the market, even with a limited bankroll, thanks to investment vehicles like exchange-traded funds. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a particularly good choice. An investment of $1,000 in this ETF today could easily grow into a holding worth nearly $2,100 by 2030.Image source: Getty Images.Continue reading
Putting money to work in the stock market is a smart choice for your financial future. Investors who think they need to start that journey with huge sums of capital are mistaken, though. Even investing a relatively small amount of money to start can put you on a path toward building wealth.
And there are a lot of ways to gain exposure to large swaths of the market, even with a limited bankroll, thanks to investment vehicles like exchange-traded funds. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a particularly good choice. An investment of $1,000 in this ETF today could easily grow into a holding worth nearly $2,100 by 2030.
Image source: Getty Images.
