Want $1 Million in Retirement? 5 Simple Index Funds to Buy and Hold for Decades.
In investing, there's no need to invest in individual stocks to achieve strong returns over time. Don't get me wrong. I own about 40 different individual stocks and completely believe it's possible to beat the market over time. But even if you simply match the market's performance through the magic of index fund investing, you might be surprised at the results.With that in mind, here are five simple index funds that could help set you on the path to a million-dollar retirement portfolio, and with minimal ongoing effort on your part. We'll also look at how you can use these to grow your portfolio to a seven-figure sum before you retire.To be fair, there are hundreds of solid index funds that could make excellent retirement investments for you. But if I were to start a portfolio from scratch today and could only choose five index funds, here's what they would be:Continue reading
In investing, there's no need to invest in individual stocks to achieve strong returns over time. Don't get me wrong. I own about 40 different individual stocks and completely believe it's possible to beat the market over time. But even if you simply match the market's performance through the magic of index fund investing, you might be surprised at the results.
With that in mind, here are five simple index funds that could help set you on the path to a million-dollar retirement portfolio, and with minimal ongoing effort on your part. We'll also look at how you can use these to grow your portfolio to a seven-figure sum before you retire.
To be fair, there are hundreds of solid index funds that could make excellent retirement investments for you. But if I were to start a portfolio from scratch today and could only choose five index funds, here's what they would be:
