What a $10,000 Investment in the Vanguard S&P 500 ETF (VOO) a Decade Ago Is Worth Today
That investment would have compounded at a rapid rate.
Warren Buffett has recommended low-fee S&P 500 index funds, citing Vanguard's as a prime example. In his 2013 letter to shareholders, he wrote about directing his trustee to put 90% of a bequest to his wife into a very low-cost S&P 500 index fund, suggesting Vanguard's.
A $10,000 investment in the Vanguard S&P 500 ETF (VOO) a decade ago would be worth $38,212, according to Yahoo Finance. If dividends had been reinvested, the investment would be worth $41,688.
The past 15 years have been unusually strong for the stock market, with the S&P 500 averaging annual returns that are not specified, as per Yahoo Finance.
Brief written by urgent.news from Motley Fool, Yahoo Finance — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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