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Investing in an etf global technology ETFs are up 10
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Global technology ETFs are up 10.1% YTD, with cloud computing and AI sectors leading. Forecast consensus suggests the pace could accelerate if Q3 earnings beat estimates. Here's an example: While there are no guarantees, for this thought exercise I'll consider that the S&P 500 will continue to deliver an average annual gain of 10%. If you make an initial investment of $1,000 in the Vanguard S&P 500 fund, then add $300 per month to that for 35 years, the value of your investment may climb to $1 million. But the S&P 500 has proven its growth capabilities over time, thanks to the strength of American businesses, as Buffett says, so it's reasonable to be optimistic about a long-term investment in this index. All of this means now is a great time to follow Buffett's advice and get in on this Vanguard S&P 500 fund and invest regularly to supercharge your winnings over time. Thematic ETFs targeting cybersecurity firms have gained 9.4% YTD, outperforming broader tech indices, as corporate spending on digital defenses accelerates. Mid-term projections indicate further growth as cyber threats persist.