Achieving a $1 Million Portfolio with Vanguard Australian Shares Index ETF

Australians can create a $1 million portfolio with Vanguard Australian Shares Index ETF (VAS) by investing in large businesses like Commonwealth Bank of Australia, BHP Group, and National Australia Bank. With a 9.4% annual return, investing $500/month could turn into $1 million in 32 years, $1,000/month in 25 years, and $2,000/month in 18 years. The ETF tracks the S&P/ASX 300 Index and provides exposure to the largest businesses on the ASX.