How to Invest $1,000 a Month [The Motley Fool]
Vanguard Total Corporate Bond ETF (VTC)
US:NASDAQ Investor Relations:
advisors.vanguard.com/vgapp/iip/site/advisor/investments/productoverview?fundid=0985
Company Research
Source: The Motley Fool
Here's your step-by-step guide to building lasting wealth. If you invested $1,000 per month and earned the historic market return, how much money would you have in three decades? Believe it or not, the answer is $2.17 million . That's a life-changing amount of money. Sound far-fetched? It's not. That's just the power of compound interest at work. So what's the best way to invest your money so that it can compound at those rates over time? Here's a simple plan that anyone can use to build themselves a rock-solid financial foundation. Image source: Getty Images. Start by paying down debt If you carry a lot of debt, especially high-interest rate consumer debt, then it makes sense to use all of your extra $1,000 a month to focus first on debt reduction. Paying off your debt not only saves you from a massive amount of interest over time, but it can also go a long way toward reducing the amount of stress in your life. That's a win-win scenario that's too good t
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Sec Filings
- 4/1/24 - Form NPORT-P
- 4/1/24 - Form NPORT-P
- 4/1/24 - Form NPORT-P
- VTC's page on the SEC website