This type of investment is also more likely to see consistent growth over time. While the S&P 500 is subject to volatility and has experienced corrections and crashes in the past, historically, it's always recovered from downturns. Although there are never any guarantees when it comes to the stock market, there's a very strong chance your S&P 500 ETF will grow over time as well. ^SPX data by YChartsIt takes time to make a significant amount of money with S&P 500 ETFs. Reaching millionaire statusAgain, the S&P 500 does face its fair share of volatility.

Source: Daily Sun September 26, 2021 13:30 UTC