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Today, I look at a popular alternative to S&P 500 index ETFs: the Vanguard Total Stock Market Index Fund Admiral Shares.
Apple Inc. had a market cap of around $2 billion. Today, the market cap is over $400 billion. That’s 200 times larger, or a 20,000% return over just 16 years. Instead of trying identify ahead of time that little company that will be the next Apple in 2030, you may...