$1,000 Invested in VUG Could Turn Into $50,000
High-flying growth stocks receive a lot of attention, thanks to their high return potential. However, it doesn't take picking generational companies to make good money in the stock market. Broad exchange-traded funds (ETFs) have shown they can also do the trick with enough time on your side.
ETFs allow you to invest in dozens, hundreds, and even thousands of companies with a single investment. And although they may not be as sexy as individual stocks, many go on to outperform the broader market (based on S&P 500 returns). The Vanguard Growth ETF (NYSEMKT: VUG) is a great example of this.
Focusing on large-cap growth stocks, VUG has been a rewarding investment and has the potential to turn a $1,000 investment into $50,000 if it continues at its current rate.
Source Fool.com
