Choosing stock and staying above them can turn into a time consuming project. But if you do not want to do this, then the good news is that a simple purchase-and a catch investment strategy can give a great return in itself. As long as you bring diversity in your position and focus on top growth stock, it can be a way to simplify your investment process, while still potentially installs you for some big advantage in the process.

What if you invest $ 50,000 in an exchange-traded fund (ETF) that keeps development stock and just lets it sit there for years? If you just mirror the average return of 10%of the market for a long time, you will double your money after more than seven years. And the longer you will be invested, the bigger your profit can end.

An ETF that can give you an exposure for some of the world’s best development shares and possibly enables you to invest $ 50,000 in more than $ 1 million Pawn development index fund ETF ,Fabric 0.01%,,

Why the pawn growth index fund ETF is a perfect option for a long time

The pawn funds are usually a great option for long -term investors because they charge a minimum fee and usually have excellent diversification. The pawn growth index fund is no exception. Its expense ratio A minimum is 0.04%, which is much less than a yield of about 0.4% – and dividend is just a good bonus.

The main reason for investing in funds is for its growth capacity. ETF focuses on the largest Growth stock It had 166 holdings in the US, and by the end of May. Since it prioritize development, it is unavoidable that Tech will have a large piece of ETF portfolio – which is close to 60% of its holdings.

This means that there will be some variability from one year to another, but generally, having a significant risk for technology should help increase funds in longer than long time. Like big names Apple, NvidiaAnd Microsoft It holds the biggest positions, as he is also one of the most valuable companies in the world.

How to turn ETF $ 50,000 to $ 1 million

Here is the value of an investment of $ 50,000 in the Mohra Fund may exceed the long race, if it average S&P 500 long average average 10%,

Data Source: Calculation by the author.

The funds will take less than 32 years to increase to an increase to more than $ 1 million under these beliefs. If, however, the actual annual return exceeds 10%, it will be faster there. But if the market slows down and the pawn fund grows at a rate of less than 10%, it will take more than 32 years to get a mark of $ 1 million.

Unfortunately, because it is impossible to be able to predict what kind of long growth rate will be average, it is certainly no way to know that an investment of $ 50,000 in ETFs can make you sure to finish with $ 1 million. But this is definitely the ability to do so. And with strong growth stock in funds and low fees, it can put you in a good position to improve the market over years.

Although you do not necessarily want to invest more in an ETF as $ 50,000, this is the type of fund where a large investment of this size can be understood, given how diverse it is and the quality of shares it keeps it.