1 Boring ETF That Could Turn $100 Per Month Into $20,500

$100 might seem like pennies in the stock market, especially when many stocks cost hundreds or thousands of dollars per share. However, a $100 monthly investment in the Vanguard S&P 500 ETF (NYSEMKT: VOO), a boring ETF pegged to the S&P 500, could easily grow to more than $20,500 over the next decade. Here's how that math works out.Image source: Getty Images.The S&P 500 has generated an average annual return of roughly 10% since its inception in 1957. Let's assume that trend continues over the next ten years, and you contribute $100 to VOO at the end of each month. By the end of the ten years, you'd have earned roughly $8,500 in unrealized gains from your underlying investment of $12,000. By comparison, the same contributions to a savings account with a 3% yield would only have grown to $13,950.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool