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The Smartest Vanguard ETF to Buy With $500 Right Now


Published on 2024-12-08 09:01:00 - AOL
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  • ETFs bring instant diversification, and new investors don't need to worry about when is the best time to buy or sell individual stocks. As such, I think one of the best ETFs for investors to start with is the Vanguard S&P 500 ETF (NYSEMKT: VOO).

The article from AOL discusses the Vanguard S&P 500 ETF (VOO), highlighting why it might be one of the smartest ETFs to invest in for those looking to build wealth over the long term. It explains that VOO tracks the S&P 500, which consists of 500 of the largest U.S. companies, offering broad market exposure. The ETF is praised for its low expense ratio of just 0.03%, making it cost-effective for investors. The piece also mentions the historical performance of the S&P 500, noting its resilience and growth over time, despite short-term market fluctuations. Additionally, it points out the benefits of diversification, dividend reinvestment, and the ease of investing in a single fund that represents a significant portion of the U.S. economy. The article concludes by suggesting that for investors with a long-term horizon, VOO represents a straightforward, low-cost way to participate in the growth of the U.S. economy.

Read the Full AOL Article at:
[ https://www.aol.com/smartest-vanguard-etf-buy-500-123000374.html ]