If you’re going to dive into a fund, why not choose one that offers proven stocks on a platter?
One thing every investor knows or learns is the importance of diversification. If you’ve invested in a sector that’s not performing nearly as well as you thought it might, there’s no reason to lose sleep. That’s because once you’ve diversified your portfolio, there are other sectors available to potentially keep your portfolio afloat.
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One-stop shopping
As one of Vanguard’s flagship index funds, the Vanguard S&P 500 ETF (VOO +0.71%) tracks the performance of the S&P 500 (^GSPC +0.69%), representing roughly 500 of the largest publicly traded companies in the U.S. These companies are the big hitters, making up approximately 80% of the total U.S. stock market’s value.
Even better, VOO holds companies across all major sectors,…
