This 1 Simple Energy ETF Could Turn $250 a Month Into $773,921
Utilities are very boring businesses. However, they tend to generate steady returns. Because of that, they can be great investments to slowly grow your wealth. The simplest way to invest in utility stocks is through the Vanguard Utilities ETF (NYSEMKT: VPU). The exchange-traded fund (ETF) has generated an average annualized return of 9.6% since its inception 20 years ago. At that rate, it can grow a monthly investment of $250 into $773,921 in about 35 years. The returns produced by utilities could be even higher in the future, given the expected acceleration in electricity demand. That could enable an investor to make even more money from these low-risk stocks in the coming years. Continue reading
Utilities are very boring businesses. However, they tend to generate steady returns. Because of that, they can be great investments to slowly grow your wealth.
The simplest way to invest in utility stocks is through the Vanguard Utilities ETF (NYSEMKT: VPU). The exchange-traded fund (ETF) has generated an average annualized return of 9.6% since its inception 20 years ago. At that rate, it can grow a monthly investment of $250 into $773,921 in about 35 years.
The returns produced by utilities could be even higher in the future, given the expected acceleration in electricity demand. That could enable an investor to make even more money from these low-risk stocks in the coming years.
