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

Exchange-traded funds (ETFs) make investing easy. While you may be able to make more money by investing in individual stocks, having a good ETF in your portfolio creates a great deal of both diversification and consistency. Over the long term, the broader market, represented by the S&P 500, has produced steady gains over the decades, with gains of more than 100% in the last five years.Is this the most exciting investment prospect? Well, not when you compare it to directly investing in a flashy stock like Tesla. But finding investments that track the S&P 500 index helps to minimize risk. Let's talk about one ETF in particular.The basic investment thesis behind the iShares Core S&P 500 ETF (NYSEMKT: IVV) is straightforward: Over the long term, the U.S. stock market grows. By owning shares in IVV, you gain exposure to all 500 companies in the S&P 500, including industry leaders like Apple, Microsoft, Amazon, and Johnson & Johnson. This broad exposure helps spread out risk. If one sector underperforms, gains in another can help balance it out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool