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How to build a $1 million portfolio through S&P 500 index funds

The Motley Fool +1 ·

VOO
VOO Vanguard S&P 500 ETF
$704.60 +0.43%
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  1. 1Consistently investing in funds that track the S&P 500 index is the key to building a $1 million portfolio.
  2. 2A monthly investment of $5,000 for 10 years is required, assuming an average annual return of 10%.
  3. 3It can also be achieved with a monthly investment of $450 for 30 years, assuming an average annual return of 10%.

So what's the key point?

Consistently investing in funds that track the S&P 500 index is the key to building a $1 million portfolio.

Source The Motley Fool +1 · View original ↗

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