Imagine a scenario where you can only invest in one stock and hold onto it forever. Which company would you choose to withstand the test of time?
The ideal choice would be a business with a proven track record of longevity, operating in various sectors to provide some level of diversification. Additionally, having top-notch leadership is crucial when entrusting your entire investment to them.
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While opting for an index fund may seem like the easy way out, an ETF tracking the S&P 500 market index offers diversification and stability. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a solid choice that mimics the performance of the overall market.
2024-11-28 11:29:00
Source from finance.yahoo.com