2 Vanguard ETFs That Can Turn $400 per Month Into Over $1.7 Million

Core Viewpoint - Exchange-traded funds (ETFs) can be a lucrative investment option for long-term investors, providing passive exposure to the stock market without the need for expert stock picking [1][2]. Group 1: Vanguard S&P 500 ETF - The Vanguard S&P 500 ETF (VOO) offers passive exposure to the S&P 500 index, allowing for high diversification and reduced downside risk [3][4]. - Since its inception in 2010, VOO has generated a total return of 647%, equating to an annual return of 14.5% [6]. - A consistent investment of $200 monthly could grow to significant amounts over time, reaching approximately $1,232,848 after 30 years [7]. Group 2: Vanguard Dividend Appreciation ETF - The Vanguard Dividend Appreciation ETF (VIG) consists of companies that have increased their dividend payments for over 10 years, ensuring financial stability and growth potential [8]. - VIG serves as a complement to VOO, providing a mix of growth and value stocks, with an annual return since inception around 10% [9]. - A $200 monthly contribution to VIG could grow to roughly $450,000 over 30 years, assuming consistent returns [9]. Group 3: Expense Ratios and Investment Strategy - The expense ratios for VOO and VIG are low, at 0.03% and 0.05% respectively, making them cost-effective options for investors [11]. - Consistent contributions to these ETFs are crucial for building wealth over time, emphasizing the importance of discipline and patience in investment strategies [12].