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2 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
ETFs offer a convenient way for investors to gain broad, diversified exposure to stocks.
It's hard to beat Vanguard's S&P 500 ETF, which has delivered excellent results over time.
Vanguard's information technology ETF has returned even higher gains over the past 10 years.
If you have $1,000 available to invest today, one of the best ways to make the market work for you is investing in an exchange-traded fund (ETF). If you can hold for the long term, you can take advantage of the powerful effects of market gains compounding over time.
Even if you have a complete portfolio of single stocks, ETFs can provide extra diversification to minimize risk. The Vanguard S&P 500 ETF (NYSEMKT: VOO) and the Vanguard Information Technology ETF (NYSEMKT: VGT) are two excellent choices to buy with now and hold for the long term.
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