1 Warren Buffett ETF That Could Turn $300 Per Month Into $1 Million

When the stock market is shaky, it can be tempting to press pause on investing temporarily.

However, with stock prices lower than they’ve been in a long time, right now is one of the best investing opportunities of the decade. Not only is it a more affordable time to buy pricey stocks, but by investing during the market’s low points, you’ll also be well positioned to take advantage of the upswing.

Exchange-traded funds (ETFs) can be a smart option for many investors, and there’s one Warren Buffett-approved ETF that could potentially make you a millionaire with just a few hundred dollars per month.

A strong but safe investment

Through his holding company Berkshire Hathaway, Warren Buffett only owns one type of ETF: the S&P 500 ETF — specifically, the Vanguard S&P 500 ETF (VOO -0.11%) and the SPDR S&P 500 ETF Trust (SPY -0.11%).

An S&P 500 ETF is a fund that tracks the S&P 500 index itself, meaning it includes the same stocks as the index and aims to mirror its performance. The index contains stocks from 500 of the largest companies in the U.S., and by investing in an S&P 500 ETF, you’ll own a stake in all of those businesses.

Buffett has long endorsed the S&P 500 ETF, often recommending it to investors. In 2008, he also famously bet that a Vanguard S&P 500 index fund could beat five actively managed hedge funds.

He easily won that bet, with his investment earning returns of nearly 126% over 10 years, while the hedge funds averaged returns of just 36% in that time.

S&P 500 ETFs are also one of the safest investments out there. The index itself has experienced countless corrections, crashes, bear markets, and recessions over the decades, and it’s recovered from all of them. No matter what the future has in store, it’s almost guaranteed to survive.

Reaching $1 million or more

In the short term, returns will vary widely with an S&P 500 ETF. Despite its relative safety, this investment will experience volatility in the near term. That’s something you can’t avoid entirely, regardless of where you…

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