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Stock impact report

These 3 Simple ETFs Could Turn $600 a Month Into $1.6 Million [Yahoo! Finance]

iShares Select Dividend ETF (DVY) 
Company Research Source: Yahoo! Finance
Yes, you might reach that goal by winning a Powerball jackpot, but that's not likely to happen. (The odds of winning it were recently 1 in 292,201,338!) A much better way to try to reach your financial goals is to invest in the stock market. For best results, most of us should be investing regularly and effectively. Regularly means contributing meaningful sums -- such as 10% of your income , but ideally more -- and doing so every month, every quarter, or every year, for lots of years. To get an idea of what's possible when you do so, here's a look at three exchange-traded funds (ETFs) with impressive track records. Each of them could turn a monthly $600 investment into $1.6 million (or more!) over 25 years. Meet the ETFs Without further ado, here are the three ETFs you might consider for your portfolio, and how they've performed over the past five and 10 years. (Note that their "expense ratio" is essentially the annual fee that they charge. An expense ratio of 0.1% means that Show less Read more
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