When you’re beginning your investing journey, one of the most important things you can do is keep it as simple as possible. Investing doesn’t have to be complicated, especially when you’re learning.
A great way to simplify is by investing in exchange-traded funds (ETFs), which are funds that trade on the stock market like individual stocks. If you’re a beginner looking for the best way to invest in stocks, look no further than the Vanguard S&P 500 ETF (VOO 0.04%).
What is the S&P 500 index?
An index is a theoretical collection of stocks that are grouped together by specific criteria. The criteria can be related to size, industry, style, or other characteristics.
The S&P 500 is an index that tracks the largest 500 stocks trading on the U.S. stock market by market cap. An S&P 500 ETF is a fund put together by different financial institutions to mirror the S&P 500. Since these ETFs…
