The Broad Market ETF That Belongs in Almost Every Passive Investor's Portfolio
Simpler isn't just easier, it's also almost always better.
Overview
Have you embraced the idea of buying and holding rather than constantly swapping out your stocks in search of the next hot trade? If so, good. It's certainly less stressful, and you'll likely do better in the long run with such a strategy. In fact, the data suggests your best bet may well be an entire basket of buy-and-hold stocks in the form of an exchange-traded fund, or ETF, that doesn't require any real ongoing oversight.
And the best overall ETFs to buy and hold are still the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or the Vanguard S&P 500 ETF (NYSEMKT: VOO), both of which are meant to mirror the performance of the S&P 500 (SNPINDEX: ^GSPC) index. Here's why they're still the best.
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Source
Originally published at www.fool.com.