3 Unstoppable Growth ETFs That Could Turn $10,000 Into More Than $12 million With Practically Zero Effort

Turning a $10,000 investment into $12.5 million with little effort may sound impossible, but it's not. You're just going to need time, some strong growth exchange-traded funds (ETFs), and the ability to dollar-cost average into these funds.However, if you make a $10,000 initial investment into an ETF and consistently add $2,000 each month thereafter for the next 30 years, you will have more than $12.5 million with just a 15.3% average annual return. Why use 15.3%? Because that's the average yearly return of the S&P 500 over the past decade. This doesn't mean the S&P 500 will return 15.3% annually over the next 10 years, but it's safe to say that over the next few decades, the return profile of the broad market index isn't going to change much, barring a sea change in the American economy.ETFs aim for specific risk and reward profiles. Consequently, their average returns don't fluctuate much over time. With that, let's look at three ETFs focused on growth stocks that have easily surpassed the S&P 500's returns over the past decade and that could push that number even higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool