If you’re looking to invest $1,000 in the stock market, it’s hard not to like the Vanguard S&P 500 ETF (NYSEMKT: VOO).
The exchange-traded fund (ETF) tracks the S&P 500, a bucket of 500 prominent U.S. companies
On top of that, you can invest as little as a dollar, the fund charges very low fees, and Vanguard is an iconic and trusted name in the investment community. Unfortunately, reading the news headlines is stressful these days. People are tossing around frightening words like “recession” or “bubble.” Naturally, the fear of losing money can be paralyzing.
But history suggests that investing in VOO will likely work out well for you, especially if you have time and patience. Why the S&P 500 wins over time The S&P 500 index is famous for a reason: It might be the most proven wealth-building machine humankind has ever seen. The index is an evolving basket of America’s best companies.