Warren Buffett has long pointed investors toward the S&P 500 rather than trying to identify individual stocks. One example of that approach shows how a regular monthly investment could potentially grow substantially over several decades.
Investing $400 a month in the Vanguard S&P 500 ETF could grow to approximately $820,000 over 30 years if the S&P 500 were to deliver returns similar to those of the previous three decades, as per a report.