Want $1 Million in Retirement? 1 Simple Index Fund to Buy and Hold for Decades.
Planning for retirement may sometimes be a complicated and difficult task because of the many choices available. You might look ahead to locking in returns from a long-term investment such as a 401(k) plan. And you might wonder whether you should complement that by also investing in stocks or other investment securities separately -- or whether you should turn to real estate. And the list goes on.Any of those things could be a valuable piece in your retirement portfolio and may greatly grow your wealth. But one investment in particular might be the easiest and most efficacious of the bunch -- and its past performance has shown it could grow a small initial investment, if contributed to regularly -- into $1 million over the long run.I'm talking about an index fund that allows you to bet on the top companies driving the day's economy. Let's check it out.Continue reading
Planning for retirement may sometimes be a complicated and difficult task because of the many choices available. You might look ahead to locking in returns from a long-term investment such as a 401(k) plan. And you might wonder whether you should complement that by also investing in stocks or other investment securities separately -- or whether you should turn to real estate. And the list goes on.
Any of those things could be a valuable piece in your retirement portfolio and may greatly grow your wealth. But one investment in particular might be the easiest and most efficacious of the bunch -- and its past performance has shown it could grow a small initial investment, if contributed to regularly -- into $1 million over the long run.
I'm talking about an index fund that allows you to bet on the top companies driving the day's economy. Let's check it out.
