Where Will the Vanguard S&P 500 ETF Be in 20 Years? History Has Good and Bad News for Investors.
The top S&P 500 ETF is still a reliable investment for patient investors.
Overview
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the most popular ways to passively track the S&P 500 (SNPINDEX: ^GSPC). It was launched in 2010 as the ETF version of the Vanguard S&P 500 Index Fund (NASDAQMUTFUND: VFINX), which arrived in 1976.
John Bogle, Vanguard's founder, believed it was smarter to simply invest in the entire S&P 500 because most actively managed funds couldn't beat the market over the long term. He famously told investors, "Don't look for the needle in the haystack. Just buy the haystack."
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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.