Can Buying the Vanguard S&P 500 ETF Make You a Millionaire?

Buying an exchange-traded fund (ETF) that tracks an index like the S&P 500 can be a great way to build long-term wealth, and this strategy is endorsed by some of the world's top investors, including Warren Buffett. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the most popular funds on the market because of its super low cost, and it could certainly make you a millionaire with regular contributions and the right time horizon.Below, I'll break down the components of the Vanguard S&P 500 ETF and run through some possible pathways to the million-dollar club for regular investors.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool