Can You Really Become a Millionaire With an S&P 500 ETF?

Nearly three-quarters (74%) of Americans don't believe they'll ever be wealthy, according to a 2023 report from financial services company Empower. Among survey participants, the benchmark for "wealthy" was a net worth of at least $400,000.Building a substantial amount of wealth may seem out of reach for most people, especially as costs rise and many Americans are struggling just to get by. But investing in the stock market is one of the most effective ways to increase your net worth -- and even become a millionaire.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool