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@Eldenminaj：What is the greatest investment on earth? How to be a millionaire in the stock market? The answer: $Vanguard S&P 500 ETF(VOO)$ Key Takeaways: 1. S&P500 Index has returned an average of 11% since its inception in 1920. (100 years). 2. Only a handful of investors have beaten the market over the long run. Even Warren Buffet, the God himself, has been lagging the index in the past decade. It is extremely hard to ever beat the index. 3. With a constant investment of just 500 a month for 30 years, you are able to make $ 1.26 million due to the compound interest. And the best part is, you would've only invested $180K, and the interest earned is $1.084 Million 4. The S&P500 has had a correction (10% Decline) almost once every year on average, a bear market (20% decline) every 3.5 years on average. But each time it declines, it is the best to buy. The market has always gone all the way up in the long run. As Warren Buffet always says: Be greedy when others are fearful. 4. The reason the index always goes up, is becaude the 500 companies within the index are top companies such as Apple, Microsoft and Facebook. These top companies are always increasing revenue and share price is always increasing. 5. Now that the market is at All-Time-High. Should you invest? Absolutely! Time in the market beats timing the market! My comments: ●Make the S&P500 Index fund the core of your portfolio. It is the most low risk and safest bet you could ever make. ● Wanna be a millionaire easily? Just invest into the S&P500 and let compound interest does the job for you. Let money work for you. ●Among all S&P500 Index Funds, VOO is the best as it has the lowest expense ratio. ●Own a peice of America today! Make sure to buy the S&P500! Investors win, savers lose!
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