1 No-Brainer S&P Index Fund to Buy Right Now for Less Than $1,000

Exchange-traded funds (ETF) are a fairly new class of investment instruments that provide instant diversification for investors. There are two basic types of ETFs: ones that track an index, and ones that are actively managed. The second type typically gives exposure to a trend or category, like artificial intelligence or fintech. Index-based ETFs can also track an index that's been built to follow a trend, like the Vanguard Information Technology ETF.But believe it or not, a simple S&P 500 index ETF is still one of the best investments on the market, and the Vanguard version, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is a no-brainer ETF to buy if you have $1,000 available for investment. Here's why.Investing at least some of your money in an ETF that tracks the S&P 500 is a great way to benefit from market gains with low risk. The S&P 500 has on average gained 13.7% annually over the past 10 years, a steady and strong performance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool