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This Supercharged Vanguard ETF Could Turn $100 Per Month Into $2 Million
['Katie Brockman']
The Motley Fool
If you're looking for a high-powered ETF with a history of earning significantly above-average returns, the Vanguard Information Technology ETF (VGT 0.29%) could potentially turn just $100 per month into $2 million or more over time.
Over the last 10 years, the Vanguard Information Technology ETF has earned an average rate of return of more than 22% per year.
Again, this ETF may or may not continue earning 22% average annual returns.
So to play it safe, let's assume that going forward, you could earn either a 22%, 16%, or 11% average annual return.
By starting early and investing consistently, the Vanguard Information Technology ETF could turn small monthly contributions into millions.
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