Want $1 Million in Retirement? 9 ETFs to Buy Now and Hold for Decades.
If you want to amass a million dollars (or more!) by retirement, the stock market is arguably your best long-term investing approach. There are lots of ways to invest in the stock market, though. For example, you can do quite well just plunking significant sums into a simple, low-fee index fund, such as one that tracks the S&P 500. The S&P 500 has averaged annual returns close to 10% (ignoring inflation) over long periods.
To aim for better returns than that, you might add lots of carefully chosen individual stocks to your portfolio. Alternatively, you might want to consider sector exchange-traded funds (ETFs) for sectors you're bullish on.
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Source Fool.com
