The Vanguard S&P 500 ETF Is Riskier Than You Think. This Could Be a Better Option.
It may be known for its diverse investment mix, but there's more to the story right now.
Overview
If you're in the process of saving and investing for retirement, building a diversified portfolio should be one of your top priorities. Having a diversified portfolio doesn't eliminate risk. But it could help minimize the damage when a single company or sector stumbles.
That's a big reason why the Vanguard S&P 500 ETF (NYSEMKT: VOO) has long been a popular choice among long-term investors. By putting your money into an S&P 500 ETF, you get to own hundreds of companies with a single investment.
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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.