Is VEA the Smartest Investment You Can Make Right Now?
Your best long-term investment may not include U.S. stocks.
Overview
Exchange-traded funds that track the S&P 500 pull in the bulk of assets from investors. The Vanguard S&P 500 ETF became the first ETF to top $1 trillion in assets in early June. The three largest ETFs by assets all track the S&P 500. But is this really the smartest place to invest your money right now?
It's smart, for sure, to have a sizable chunk of your portfolio invested in the S&P 500 -- that will never change. But right now, a smarter move might be to invest in an ETF that tracks international markets, like the Vanguard FTSE Developed Markets ETF (NYSEMKT: VEA).
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Details
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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.