A Common S&P 500 ETF Blunder That's Costing Investors Money
When it comes to long-term investing, people are often their own worst enemies.
Overview
The U.S. economy is one of the greatest wealth creation machines in history. Over the past two centuries, it's experienced multiple evolutions along with regular recessions and even depressions. But over time, it continues to expand and reward the people who invest regularly in it.
One of the easiest and cheapest ways to invest in it is through a low-cost ETF, such as the Vanguard S&P 500 ETF (NYSEMKT: VOO). With just a few hundred bucks, anyone can participate. Just put your money in (or, hopefully, keep investing regularly over time) and let the power of growth and compounding do most of the work for you.
Details
Unfortunately, it's the "buy and hold" that a lot of people have trouble with.
Source
Originally published at www.fool.com.