This Is the No. 1 Reason I'm Buying and Holding the Vanguard Total Stock Market ETF (VTI) Right Now
Strong fundamentals are historically one of the key drivers of share price growth.
Overview
There are plenty of reasons for investors to be nervous about stocks right now. Inflation remains stubbornly high. Treasury yields are climbing. And traders now see a 90% probability that the Federal Reserve raises interest rates at its September meeting this week.
Yet I'm still buying and holding the Vanguard Total Stock Market ETF (NYSEMKT: VTI).
Details
The reason comes down to one thing. Corporate earnings are proving remarkably resilient and are projected to continue growing at a healthy rate through at least the end of 2027.
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.