If I Were in My 20s, I'd Buy This Magnificent Vanguard ETF and Hold It Forever
Key PointsInvesting in an S&P 500 index fund is one of the surest ways to build wealth in the stock market over the long term.
The S&P 500 has been a reliable means of accumulating wealth in the stock market over the long haul, boasting a compound annual return of around 10% since its inception in 1957. Despite economic setbacks, the index has consistently delivered solid returns. Young investors, who have the luxury of time, may be more willing to accept higher volatility for the chance to generate greater profits.
The Vanguard Mega Cap Growth ETF, which focuses on 56 of the U.S. 's most valuable growth stocks, has consistently outperformed the S&P 500 annually since its launch in 2007 due to its heavy exposure to the technology sector.
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