History Says You Should Know These 3 Things Before Buying the Vanguard S&P 500 ETF (VOO)
To benefit from the compounding ability of owning the S&P 500 index, investors must keep some key information in mind.
Overview
With $1.7 trillion in total assets, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is an extremely popular exchange-traded fund (ETF) within the investment community. It provides instant access to the S&P 500 index. And the expense ratio of 0.03% is very compelling.
Even Warren Buffett recommends this fund as a leading investment choice for most people who want exposure to the stock market. Are you looking to buy this ETF? History says it's crucial to know these three things before investing any money.
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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.