This ETF Could Help Grow Any Retirement Account
Do you hope to retire some day and spend your golden years doing what you want and how you want to do it? If you're like most people, the answer to the question is a resounding "yes!" If you're also like most people, though, doing so means you're going to have to save and invest between now and then.
Good news: It's possible to live the dream even earning an average income, and without a complicated portfolio. The Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) is a great all-around exchange-traded fund that's at home in almost any retirement account intended to serve as a personal nest egg.
Just as the name suggests, the Vanguard Dividend Appreciation ETF consists of stocks with a strong track record of raising their annual dividend payouts. It specifically aims to mirror the Nasdaq US Dividend Achievers Select Index, which is made up of around 250 hand-picked names that have increased their annual dividends for at least 10 consecutive years.
Source Fool.com
