Is It Too Late to Buy the Vanguard S&P 500 ETF? Here's What History Says.
The stock market has posted many double-digit gains in recent years. You might still want to invest in it.
Overview
The market has soared in recent years, boosting the performance of exchange-traded funds (ETFs) like the Vanguard S&P 500 ETF (NYSEMKT: VOO) that follow it. In the past three years, the S&P 500 (SNPINDEX: ^GSPC) is up nearly 66%, or 18.4% annualized. If you're wondering if the market is due for a correction, it's understandable. A pullback in the coming months or year is not too far-fetched a notion.
Despite the potential for a dip, there are ample reasons to keep investing in this S&P-focused ETF. And there are some alternatives to consider, as well.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
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.