#long-term-wealth-building

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Business intelligence
from24/7 Wall St.
19 hours ago

VOO Has Made Millionaires, But Its 1.1% Yield Worries Retirees

VOO, Vanguard's S&P 500 ETF, serves as the default investment choice for long-term wealth accumulation due to its low 0.03% expense ratio, consistent performance, and $1.5 trillion in assets.
from24/7 Wall St.
23 hours ago

Stock Market Correction: What Happens After a 10% Drop?

To start off, we can define a correction as a decline in the S&P 500 index of 10% or more from its most recent high. If the drawdown reaches 20% or more, then it's not just a correction; it's considered a bear market. Using the SPDR S&P 500 ETF Trust as a proxy, we can see that deep drawdowns have occurred on a regular basis since the early 1990s.
Business intelligence
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