If I Only Had $500 to Invest, This Is the ETF I'd Buy Right Now
This value ETF offers a great value for investors right now.
Overview
Warren Buffett's recommendation that many investors are better off putting their money into an S&P 500 (SNPINDEX: ^GSPC) index fund makes sense. Ordinarily, I'd be on the Buffett bandwagon and suggest a low-cost index fund such as the Vanguard S&P 500 ETF (NYSEMKT: VOO).
But is an S&P 500 ETF the best kind of fund to buy right now? I don't think so. If I had only $500 to invest right now, I'd go in a different direction. My pick for the best ETF to buy in today's market is the Vanguard Value ETF (NYSEMKT: VTV).
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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.