VUG - Got $500 to Invest in Stocks? Put It in This Index Fund.
2024-01-17 06:00:00 ET
One of the biggest misconceptions about investing is that you need a ton of money. That's not true at all. You can start with a fraction of a share and add to it when you can. Even $500 is more than enough, and it can grow to thousands of dollars if you pick a good investment and give it time.
For example, had you invested $500 into the Vanguard Growth ETF (NYSEMKT: VUG) when it was created in 2004, you would have nearly $4,000 today. Now, imagine if you made that investment again and again over the years ...
In fact, if you have $500 to invest in the New Year, the Vanguard Growth ETF is still a great place to park your money.
For further details see:
Got $500 to Invest in Stocks? Put It in This Index Fund.