Want $1 Million in Retirement? 9 Simple Index Funds to Buy and Hold for Decades -- Including the Vanguard S&P 500 ETF

As you save and invest for retirement, perhaps aiming for $1 million, be sure to invest your hard-earned dollars effectively. Take on too little risk, and you'll likely end up with a slow-growing portfolio. Take on too much risk -- such as with penny stocks or by day-trading or investing on margin -- and your portfolio might shrink instead of growing.Consider parking some or most of your long-term dollars in index funds. They can make life easy, as you won't have to study the universe of stocks (and/or bonds), making buy-and-sell decisions. Instead, just keep adding money to one or more index funds and let their holdings do the work of growing for you over many years, if not decades.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool