The Vanguard S&P 500 ETF Is a Great Investment. But Is It Safe?
Before you put your money into it, know what you're getting into.
Overview
If you're looking for a simple way to invest in the stock market, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is hard to ignore. You'll often hear that it's one of the easiest ways to build a diverse portfolio, since it simply tracks the S&P 500 index.
When you buy shares of the fund, you're investing in roughly 500 of the largest publicly traded companies in the United States. That includes household names across various industries, giving you instant diversification without having to research and buy dozens of individual stocks yourself.
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Details
Source
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.