Is the Vanguard S&P 500 ETF a Millionaire Maker?
The S 500 is the most closely watched stock market index. And it's arguably the easiest index to invest in, particularly with an exchange-traded fund (ETF). With $472 billion in assets under management, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is the most popular way you can track the performance of the S 500. But can this ETF make you a millionaire?
The S 500 contains 500 large and profitable enterprises that are based in the U.S. There's a wide range of businesses. The top three stocks are , Nvidia, and Apple -- well-known names that, combined, make up 20% of the assets. Then there are much smaller companies at the other end of the spectrum, like News Corp, which makes up just 0.01% of the portfolio.
Owning this ETF essentially means you are placing a bet on the growth of the U.S. economy, which has historically been a lucrative gamble. Since its inception in 2010, this Vanguard S 500 ETF has generated a total annualized return of 14.5%. But over the past several decades, the S 500 has averaged a yearly 10% return.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 113 Buy predictions and 1 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 9.46% for Microsoft Corp. compared to the current price of 387.35 €.
