The "Magnificent Seven" Stocks Could Help This Vanguard ETF Turn $400 per Month Into $1 Million

The S&P 500 (SNPINDEX: ^GSPC) is coming off a total return of 25% in 2024, which was more than double its average annual gain of 10.5% dating back to when it was established in 1957. The strong result was driven by a group of technology giants dubbed the Magnificent Seven, which earned the title for their incredible size and ability to consistently outperform the broader market.As of this writing, The Magnificent Seven have a combined value of $17.3 trillion, which accounts for 32.5% of the total value of the entire S&P 500. As a result, they can heavily influence the performance of the index, and they managed to deliver an average return of 60% during 2024:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool