Are You a New Investor? History Says You Should Buy This Magnificent ETF Hand Over Fist
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The article discusses the Vanguard S&P 500 ETF as a smart investment option for new investors. The ETF provides exposure to the S&P 500, a collection of 500 large and profitable enterprises in the U.S. It has historically generated a total return of 511% since its inception in September 2010, with an annualized gain of 14.4%. The ETF offers broad diversification across sectors and has a low expense ratio of 0.03%. The article suggests dollar-cost averaging as a strategy to invest in the ETF, even at record highs, and highlights the potential for double-digit returns over the long term. The author recommends the ETF as a no-brainer buy for new investors.



https://www.fool.com/investing/2024/04/15/new-investor-history-says-buy-magnificent-etf/