History Says This ETF Is a Millionaire Maker. Here's What You'd Need to Invest Each Month to Get There.
The Vanguard Morningstar Growth ETF (VUG) has demonstrated strong historical performance, outperforming the S&P 500 in 14 of its 22 years of trading with an 11% average annual return since inception. Using a conservative 10% annual return assumption, the article shows that consistent monthly investments ranging from $250 to $2,000 could help average investors reach $1 million within 18-38 years, leveraging the power of compound interest and VUG's low 0.03% expense ratio.