21.09.2024 22:22:00
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Is the iShares Russell 1000 Growth ETF a Millionaire Maker?
For most fans of exchange-traded funds (ETFs), the iShares Russell 1000 Growth ETF (NYSEMKT: IWF) isn't exactly in the middle of their investment radars. The $90 billion fund just isn't as popular as options like the SPDR S&P 500 ETF or the Invesco QQQ Trust.Don't let its relatively small size fool you, though. This little fund packs a big performance punch. If you're expecting a long-term position in the SPDR S&P 500 ETF to make you a millionaire, this iShares fund can certainly do the job just as well, and in measurably less time.A word of caution: Turning modest regular investments in stocks into a seven-figure sum is a multidecade project. That's going to be the case no matter which index-based exchange-traded fund you opt to own. The iShares Russell 1000 Growth ETF is just likely to get you farther down that road, and to do it faster.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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