2 Simple Ways You Can Make $1 Million Investing in the Stock Market
The stock market is a time-tested way to build wealth, but getting started can be intimidating. With thousands of public companies and countless financial metrics to consider, building a portfolio requires a lot of work. And deciding which stocks to buy is only half of the battle. Investors also need to keep tabs on those stocks, which means reading financial reports and staying up to date on relevant events.
Fortunately, there are easier ways to become a stock market millionaire. Here are two great index funds that can help you achieve that goal.
The S&P 500 tracks the performance of 500 of the largest U.S. companies. Its components span all 11 market sectors, though three sectors -- information technology, healthcare, and consumer discretionary -- account for 52% of the its weight. Thanks to its broad scope, the S&P 500 is often viewed as a proxy for the entire U.S. stock market.
Source Fool.com
