This Vanguard ETF Would Have Quadrupled Your Money Over the Last Decade. History Says Now Is a Smart Time to Invest. (It's Likely to Outperform SpaceX, Too.)
This fund has been a strong performer for a long time, and thanks to its diversification, it's less risky than many growth stocks.
Overview
We're all looking for solid investments for our portfolios, right? It's easy to focus on big-name high-flying stocks, such as Nvidia or Micron Technology. But there's also some risk there, as many highfliers end up overvalued and poised to fall extra-hard in a market pullback. (And a market pullback is far from unlikely these days.)
So permit me to suggest a terrific investment that you might not have taken seriously enough: a simple, low-fee S&P 500 index fund. A splendid example is the Vanguard S&P 500 ETF (NYSEMKT: VOO). It's an exchange-traded fund (ETF) -- a fund that trades like a stock.
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Originally published at www.fool.com.