Everyone knows that Warren Buffet is the lifeblood of Berkshire Hathaway, and that Berkshire Hathaway’s stock has been performing very well for decades, going up by around 20% each year and consistently beating the market, making a lot of money for people who have invested.
The CVLC Calvert Large-Cap Responsible ETF is new as of 2023 from Calvert and Morgan Stanley and is poised to match the performance of Berkshire Hathaway, particularly after Warren Buffet is gone and his fund potentially stops performing as well. It is listed on the Morgan Stanley website as one of their ETFs and because it is an ETF, you do not have to fill in complicated paperwork for an account or sign contracts to realise the benefits.
Morgan Stanley has had some very successful mutual funds that have consistently made 15-20% per year since the 90s. ETFs are a fairly new method of investing, meaning there is not much data about the performance of these funds, but being associated with a recognized bank like Morgan Stanley, and the performance of their other financial products, gives it some credibility.
Because CVLC is an exchange-traded fund (ETF) on the Nasdaq, it is extremely easy to invest in. You simply download one of a large number of trading apps and type in CVLC. I’m using Alpaca Markets as I have demonstrated in some previous posts.
Here are some examples of potential investment returns returns (with a 23% average interest):
Single $250 Investment:
- 10 years: Approximately $2,000
- 20 years: Approximately $15,000
- 30 years: Approximately $120,000
- 40 years: Over $980,000
$10 Monthly Investment:
- 10 years: Approximately $4,000
- 20 years: Approximately $36,000
- 30 years: Approximately $290,000
- 40 years: Approximately $2.3 million
$100 Monthly Investment:
- 10 years: Approximately $40,000
- 20 years: Approximately $360,000
- 30 years: Approximately $2.9 million
- 40 years: Approximately $23 million
These calculations are based on a 23% average return, which is the current average for the CVLC fund, there are other funds. Its high return for a stock ETF, but it is not impossible to maintain (Berkshire Hathaway has consistently achieved this).
Key Takeaways:
- CVLC Calvert Large-Cap Responsible ETF is a new ETF as of 2023.
- It’s potential to match the performance of Morgan Stanley mutual funds (15-20% per year since the 90s) is high.
- It’s a large trustworthy bank.
- Ease of Investment: Traded on the Nasdaq, making it simple to invest using trading apps.
- Potential High Returns: Calculations based on a 23% average return show significant growth potential over time. Making it something you could potentially retire on.