Would you like to invest your way to $1 million? It's more possible than it might seem. It's not a matter of starting with an enormous amount of cash and then being a brilliant stock picker. The key, rather, is consistently contributing to the market's most reliable long-term investment for as long as you possibly can. The investment in question is any fund that mirrors the S&P 500 index, such as the Vanguard S&P 500 ETF (NYSEMKT: VOO) or the SPDR S&P 500 ETF Trust (NYSEMKT: SPY). Although past performance is no guarantee of future results, it's not unreasonable to expect these index-based ETFs to match the index's historical average annual gain of 10%. Just know some years will be better than others. In a few of those years, you might even suffer losses. Keep the bigger picture in mind when that happens. Image source: Getty Images.
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