$1,000 Invested in IVV Could Turn Into $110,000

Investing in the stock market can build life-changing wealth, regardless of your experience level or financial situation.

If you're looking for a relatively safe and straightforward investment that can help you generate wealth with next to no effort, an S 500 ETF is one of the best places to buy. This type of fund tracks the S 500 (SNPINDEX: ^GSPC), so it includes stocks from all 500 companies within the index.

While there are plenty of S 500 ETFs out there, the iShares Core S 500 ETF (NYSEMKT: IVV) is one of the best. Known for its rock-bottom fees and long history of success, this ETF could potentially turn a one-time investment of $1,000 into more than $110,000. Here's how.

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Source Fool.com