Reported 4 months ago
Dreaming of becoming a self-made millionaire? Investing in the Vanguard Total Stock Market ETF (VTI) could be a key strategy. By focusing on simple buy-and-hold investing and letting time do the heavy lifting, this ETF can offer potentially lucrative returns. With an average annual return of 12.2% over the past 10 years and 14.4% over the past 15 years, regular contributions to the VTI could potentially help investors reach a seven-figure nest egg over time. The ETF's low expense ratio and diversified approach make it a compelling choice for long-term wealth building, highlighting the importance of consistent investment and patience over trying to time the market or pick individual stocks. Ultimately, success with this ETF, as with any investment, depends on the investor's commitment and long-term vision rather than any particular fund. So, while the VTI is one possible millionaire-making option, the key is staying invested for the long haul and maximizing the potential of your contributions.
Source: YAHOO