Forget Index Funds: Here's the One Sector I'd Buy First as a New Investor
Tech stocks drive most index funds, so why not focus exclusively on tech?
Overview
You can start investing by opening a brokerage account. It's easy to buy stocks and funds using one of these accounts. While index funds are touted as good for beginners, I prefer allocating capital to the tech sector instead.
Tech ETFs like the Vanguard Information Technology ETF (NYSEMKT: VGT) have reliably outperformed the S&P 500 for many years, and that trend is likely to continue. Here's why I like investing in tech over broad-market index funds.
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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.