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Long-term wealth building strategy through S&P 500 index tracking

The Motley Fool +1 ·

VOO
VOO Vanguard S&P 500 ETF
$715.20 +0.01%
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  1. 1The median annual income for full-time workers aged 25-34 in Q2 was $60,320.
  2. 2According to S&P Global, less than 10% of large-cap funds have outperformed the S&P 500 over the past 15 years.
  3. 3The Vanguard S&P 500 ETF maintains a very low expense ratio of 0.03%.

So what's the key point?

Over the past 15 years, less than 10 percent of large-cap funds had higher returns than the S&P 500. The Vanguard S&P 500 ETF has a very low cost of 0.03 percent.

Source The Motley Fool +1 · View original ↗

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