If You're 25 and Just Starting Out, This Is the Only Vanguard ETF You Need for the Next Decade
Beginning investors don't need to spend hours researching the stock market. Buy this one ETF and make life simple for yourself.
Overview
If you're someone younger who's looking to invest for the first time, make life easy on yourself: Don't try to pick the next hot tech stock.
Don't be tempted by a leveraged S&P 500 exchange-traded fund (ETF) thinking that you'll simply double or triple what the index earns over time. Look to build a firm foundation for your portfolio first. For me, that means investing in the Vanguard Total Stock Market ETF (NYSEMKT: VTI).
A lot of people prefer to use the Vanguard S&P 500 ETF (NYSEMKT: VOO) for the core of their portfolios. That's certainly a defensible pick, and I have no issue with anyone who wants to use it.
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Originally published at www.fool.com.