Therefore, yes, buying the Vanguard S&P 500 ETF can make you a millionaire if you take a disciplined approach to investing ...

"The earlier you start, the better—because it increases the time horizon for growth," Prince Dykes, founder of the Global ...

Kevin O’Leary has made numerous investment bets on Shark Tank, backing everything from kitchen gadgets to cat DNA testing.

However, there's one type of investment that's safe, requires very little effort, and could help you retire a millionaire: the S&P 500 ETF. Image source: Getty Images. What is an S&P 500 ETF?

Using the Vanguard S&P 500 ETF to become a millionaire, though, requires that you do two things. One is to start early, as the compounding effect confers its huge benefit only after some time has ...

Table and calculation by author. As you can see, it's very possible to amass $1 million with S&P 500 index funds alone. The key, however, is to invest consistently and give yourself enough time to ...

Can You Really Become a Millionaire With an S&P 500 ETF? Katie Brockman, The Motley Fool . Sat, Feb 8, 2025, 9:00 AM 5 min read. ... This type of investment tracks the S&P 500 index ...

The US stock market surge in 2024 added 562,000 new millionaires, with high-net-worth individuals' wealth increasing by 9.1%, according to Capgemini.

If you want to become an S&P 500 millionaire, just don't expect it to happen overnight. Those big returns come from allowing your money to compound over long periods of time.

To be a millionaire today, you would have needed a $350,000 investment in the S&P 500 in 2012. That's even after the huge drop over the first half of this year.