History Says You Should Know These 3 Things Before Buying the Vanguard S&P 500 ETF (VOO) in September
While the S&P 500 index has been a money-making machine in the long run, investors should still take the time to learn some important information.
Overview
When it comes to investing in the stock market for the long term, the most frictionless way to gain exposure is to buy an exchange-traded fund (ETF). The Vanguard S&P 500 ETF (NYSEMKT: VOO) is an excellent choice. Even the great Warren Buffett recommends this investment vehicle for most people.
It has an extremely low cost structure, charging an expense ratio of 0.03%. It also has a proven track record of compounding wealth. Betting on American companies has been a worthwhile endeavor.
Details
But don't press the buy button just yet. History says you should know these three things before adding the Vanguard S&P 500 ETF to your portfolio in September.
Source
Originally published at www.fool.com.