1 Vanguard ETF I'd Buy With $10,000 in October and Hold for 30 Years
Historically, owning the largest U.S. companies has been a fruitful endeavor.
Overview
The stock market is one of the best tools people have at their disposal to build long-term wealth. Many investors find it appealing to pick individual stocks. Choosing the right company can lead to huge returns.
However, it's hard to deny the effectiveness of buying a simple Vanguard exchange-traded fund (ETF), like the Vanguard S&P 500 ETF (NYSEMKT: VOO), and holding it for 30 years.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.