3 Vanguard ETFs That Could Help You Retire a Millionaire
Much like mutual funds, exchange-traded funds (ETFs) offer investors the ability to easily invest in large baskets of stocks. But one key way the two types of investment vehicles differ involves their fees. On average, an equity ETF charges investors 0.53% in annual fees, compared to the average equity mutual fund's rate of 1.42%.
When considering an ETF, investors have thousands of options. Some funds mirror specific indexes, while others are base their portfolio choices on characteristics like market cap, geography, or investment style. But if you're interested in funds that take a balanced approach, I'd recommend taking a close look at the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG), Vanguard Information Technology ETF (NYSEMKT: VGT), and Vanguard Dividend Appreciation ETF (NYSEMKT: VIG). Investing in a combination of these three low-fee ETFs could help you retire as a millionaire -- and remain one.
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Source Fool.com