I've Owned the Vanguard S&P 500 ETF for 6 Years. Here's Why I'm Not Selling.
Come on in, the ETF water's fine.
Overview
About six years ago, I finally converted a 401(k) from a former job into an individual retirement account (IRA). I fit the classic description of a former employee who kept putting off rolling over my account for many years, missing out on better gains because I was too lazy to do a little paperwork.
I knew I wanted an exchange-traded fund (ETF) in the new IRA, and it was a pretty easy decision to choose the Vanguard S&P 500 ETF (NYSEMKT: VOO) and never sell. Here's why.
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Source
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.