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Central Minnesota | I’d put the money in Vanguard VTSAX. It may not average 12% but it will be close. Or anything that mirrors the S&P 500.
The S&P 500 is a market capitalization-weighted index of the 500 leading publicly traded companies in the U.S. The index is operated by Standard & Poor's Dow Jones Indices, which is a division of S&P Global. While it assumed its present size (and name) in 1957, the S&P dates back to the 1920s, becoming a composite index tracking 90 stocks in 1926.
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The average annualized return since its inception in 1928 through Dec. 31, 2023, is 9.90%.
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The average annualized return since adopting 500 stocks into the index in 1957 through Dec. 31, 2023, is 10.26%. | |
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Saving for future
