The S&P 500, as we know it today, has been around since 1957 and has consistently been one of the most popular ways to invest in stocks.
It tracks around 500 of the largest American companies on the market and checks three key boxes: diversification, performance, and low cost
There are a few S&P 500 ETFs to choose from, but my go-to is the Vanguard S&P 500 ETF (NYSEMKT: VOO) because of its size (the largest ETF by assets under management) and low 0.03% expense ratio. VOO has been a lucrative investment over the past 20 years, but investing is about looking forward. So, with that said, what can investors expect over the next 20 years?
What does VOO offer? Investing in VOO is betting on the long-term growth of the U.S. economy. Yes, it may be only about 500 companies, but they drive significant economic growth and activity.