Got $1,000 to Invest in Stocks? Put It in This Index Fund.
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Investing in an S&P 500 index fund has been a smart idea historically. The Vanguard 500 Index Fund is a top choice for most people, tracking the performance of the 500 largest and most profitable companies in the United States. In the past 30 years, a $1,000 investment in the Vanguard 500 Index Fund would have turned into $19,500 today, with an average yearly gain of 10.4%. The fund has a total of $464 billion of assets and carries an expense ratio of just 0.04%. It is a safe, reliable, and proven method of generating wealth over the long term. Investors should maintain a long-term perspective and have the patience to let their capital build. The Vanguard 500 Index Fund can help set investors on the path to financial freedom.
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https://www.fool.com/investing/2024/03/17/1000-invest-in-stocks-put-index-fund/