Is the Vanguard Morningstar Total Stock Market ETF Still the Best Long-Term Core Holding for Most Investors?
Long-term investors should consider owning "all" the stocks in America, not just the 500 largest companies.
Overview
One of the first bits of advice that most people hear when they start investing is "diversify." Buying a diversified portfolio with lots of different stocks can help manage your risk and improve your chances of growth and success as a long-term investor.
But what's the best way to diversify for the long run? For me, it's the Vanguard Morningstar Total Stock Market ETF (NYSEMKT: VTI). This fund owns 3,531 stocks of all sizes (small, mid, and large cap). It represents basically the entire U.S. stock market. And it charges a rock-bottom low-price expense ratio of 0.03%.
Details
This is my "set it and forget it" U.S. stock ETF. It's the largest piece of my portfolio. I buy more shares of it every month on every payday.
Source
Originally published at www.fool.com.