Want to Buy the World? This ETF Lets You Own 10,000 Stocks
Many investors might not know this, but you can buy "the whole world" of stocks with one Vanguard ETF for a 0.06% expense ratio.
Overview
Buying a diversified portfolio of many different stocks is often a good choice for long-term investors. But what if you could (almost literally) buy "all the stocks in the world"? A popular Vanguard exchange-traded fund (ETF) lets you do just that.
The Vanguard Total World Stock ETF (NYSEMKT: VT) is one of the simplest, lowest-cost ways to buy thousands of stocks from the U.S. and other countries. This ETF holds more than 10,000 stocks. It could be a good choice for investors who want international diversification while still owning a large percentage of U.S. stocks.
Details
Let's look at this Vanguard ETF and see if it could be a good choice for your portfolio.
Source
Originally published at www.fool.com.