Core Viewpoint - A simple buy-and-hold investing strategy, particularly in growth stocks through ETFs, can yield significant returns over time with minimal effort [1][2]. Group 1: Investment Strategy - Investing $50,000 in an ETF that tracks growth stocks can potentially double the investment in just over seven years, assuming a long-term average return of 10% [2]. - The Vanguard Growth Index Fund ETF (VUG) is highlighted as a strong option for long-term investment, with the potential to turn a $50,000 investment into over $1 million [3][12]. Group 2: Fund Characteristics - Vanguard funds are known for low fees and excellent diversification, with the Vanguard Growth Index Fund having an expense ratio of 0.04% and a yield of around 0.4% [5]. - The ETF focuses on large growth stocks in the U.S., with technology making up nearly 60% of its holdings, which includes major companies like Apple, Nvidia, and Microsoft [6][7]. Group 3: Growth Potential - The fund could take approximately 32 years to grow a $50,000 investment to over $1 million at a 10% average annual return, with the possibility of reaching this milestone faster if returns exceed 10% [11]. - The potential for significant growth exists due to the strong performance of the stocks within the fund and its low fees, positioning it well for long-term market outperformance [12].