Here's How Much a $50-Per-Month Investment in a Top ETF Can Grow in 30 Years

Inflation hasn't made it easy to save for retirement. But what if you tried to put aside just $50 every month into an exchange-traded fund (ETF)? Over a 30-year period, that would mean you have invested $18,000. And through the effects of compounding, your total investment would be worth much more than that.Below, I'll look at how big your portfolio might get by adopting this strategy and investing money into diverse ETFs such as the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or the Vanguard Growth Index Fund ETF (NYSEMKT: VUG).Investing in ETFs can be a safe way to grow your portfolio's value over time. The S&P 500 ETF allows you to gain exposure to the broad market as it tracks the S&P 500, and it's a good way to mirror its overall gains.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool