It might seem impossible to make a million-dollar investment, but the Dollar Cost Averaging (DCA) method makes it easier than you think. Especially if you buy S&P 500 ETF, a type of investment that attempts to copy the success of the S&P 500 index. For example: Initial Investment: $5,000 Monthly Contribution: $1,000 Projected Annual Returns: 15% The Strategy: The S&P 500 has grown by an average of 13% per year over the past few decades. DCA is a good way to deal with changes in the market. Opportunities for Growth: If you can get a 15% return every year and keep your investment for 20 years, you could end up with about $1.59 million. In Conclusion: Your goal of investing $1.5 million will be reached in 15 years if you stick to a simple Dollar Cost Averaging plan and use the US S&P500 ETF to benefit from the S&P 500's growth. If you wish to know more on US ETF,
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