How to build a $1 million portfolio through S&P 500 index funds
VOO Vanguard S&P 500 ETF
$704.60 +0.43%
View chart & analysis → - 1Consistently investing in funds that track the S&P 500 index is the key to building a $1 million portfolio.
- 2A monthly investment of $5,000 for 10 years is required, assuming an average annual return of 10%.
- 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 ↗
Nothing hidden: past picks and how they did against the S&P 500.