Investing in This ETF Right Now Could Make You a Millionaire Retiree
Over long periods of time, investing in stocks has enabled ordinary people build substantial amounts of wealth. A key problem with stock picking, however, is that not every stock turns out to be a winner, and you often can't tell which ones will turn out to be duds before it's too late to do anything about it. Populate your portfolio with too high a proportion of losers, and the money you hoped to accumulate by the time you retire simply won't be there for you.
That's what makes the Vanguard Total World Stock Index ETF (NYSEMKT: VT) such a compelling potential investment. By buying shares in a broad, globally diversified pool of stocks from nearly every corner of the globe, that exchange-traded fund takes away the need to try to separate the winners from the losers. Investors in that ETF will get returns about in line with the global stock market in general, rather than individual stocks in particular. That's how investing in this ETF right now could make you a millionaire retiree.
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Source Fool.com
