1 Growth-Focused Vanguard ETF That Can Turn $36,000 Into Over $1 Million

Core Insights - The Vanguard Growth Index Fund ETF has significantly outperformed the S&P 500 over the past decade, with returns of 370% compared to the S&P 500's 240% [8][10] - A simple buy-and-hold investment strategy can effectively grow a portfolio to $1 million over time, particularly when investing in growth-focused funds [2][12] - The S&P 500 has historically generated average annual returns of around 10%, which can lead to substantial growth over a long investment horizon [5][9] Investment Strategy - Investing a lump sum, such as $36,000, and allowing it to grow over 35 years can yield significant returns, potentially exceeding $1 million [3][11] - A buy-and-forget strategy is effective, as remaining invested in quality stocks typically results in strong long-term gains despite market fluctuations [4][6] - Growth-focused ETFs, like the Vanguard Growth ETF, are recommended for maximizing returns due to their focus on high-revenue and high-profit companies [7][8] Performance Metrics - The Vanguard Growth ETF holds 165 stocks, primarily in the tech sector, and has a low expense ratio of 0.04%, which helps retain most of the investment gains [8] - The potential growth of a $36,000 investment at a 10% annual return illustrates the power of compounding, with projections showing it could reach $1,011,688 in 35 years [11][12]