Could a $50,000 Investment in This Vanguard AI ETF Turn Into a Million?
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Artificial intelligence (AI) has undoubtedly been the hottest sector in the stock market over the past few years. Those who saw this trend coming five years ago have likely generated incredible returns. One exchange-traded fund (ETF) that has done well is the Vanguard Information Technology ETF (NYSEMKT: VGT), which is up over 143% in the past five years, and up over a whopping 1,400% since the ETF launched in 2004.While there are many questions about AI's capabilities, and the sector likely won't move in a straight line similar to the internet boom, there is a high likelihood that AI will significantly change our daily lives and has a long runway ahead. Could a $50,000 investment in VGT turn into a million?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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