This Popular Retirement ETF Has a Diversification Problem Investors Should Know About
Make sure you know where you're putting your money.
Overview
If you're years away from retirement and are focused on building long-term wealth, chances are you've come across the Vanguard S&P 500 ETF (NYSEMKT: VOO). It's one of the best-known exchange-traded funds on the market, and for good reason.
The Vanguard S&P 500 ETF makes investing for retirement simple. The fund simply tracks the S&P 500 index, which has long been considered a benchmark for the stock market as a whole.
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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.