1 Brilliant Vanguard Index Fund to Buy Before It Soars 120%, According to a Wall Street Analyst

Group 1 - Tom Lee from Fundstrat Global Advisors predicts that the S&P 500 will reach 15,000 by 2030, indicating a potential upside of 120% from its current level of 6,830 [1] - The Vanguard S&P 500 ETF provides exposure to 500 large U.S. companies and is heavily weighted towards technology stocks, making it a suitable investment for those looking to benefit from the S&P 500's growth [3][4] - The S&P 500 has advanced 439% over the last two decades, compounding at an annual rate of 8.7%, and achieved a total return of 700% when including dividends, compounding at 10.9% annually [4] Group 2 - The S&P 500 has generated positive returns over every rolling 15-year period since its inception in 1957, indicating its reliability as a long-term investment [5] - Tom Lee believes that millennials and advancements in artificial intelligence will drive the S&P 500 to 15,000 by 2030, as millennials enter their peak earning years and are set to inherit $80 trillion [6][9] - The global labor shortage is expected to reach 80 million workers by 2030, which will likely increase demand for AI technologies as companies seek to enhance productivity [9] Group 3 - The top 10 holdings in the Vanguard S&P 500 ETF include Nvidia (7.7%), Apple (6.8%), and Microsoft (6.1%), reflecting the significant influence of technology companies on the index [7] - The Vanguard S&P 500 ETF has a low expense ratio of 0.03%, compared to the average of 0.75% for similar funds, making it an attractive option for investors [8]