The Smartest Vanguard ETF to Buy With $500 Right Now

Classic exchange-traded funds (ETFs) are almost always a good investment. Your money will probably grow over time if invested in the SPDR Dow Jones Industrial Average ETF Trust (NYSEMKT: DIA) or the Vanguard S&P 500 ETF (NYSEMKT: VOO). Their long-term returns will probably put even the best savings and money market accounts to shame, unless you're getting started just before a steep market crash. Even then, time is your friend, and the market-tracking index funds should deliver strong returns in the long run.That said, a more focused approach to ETFs can be helpful from time to time. For example, I picked up a few shares of the Vanguard Information Technology Index Fund ETF (NYSEMKT: VGT) in the spring of 2022, because technology stocks looked undervalued at the time. That turned out to be a good idea, as the artificial intelligence (AI) boom kicked off just a few months later. Vanguard's technology-focused fund has been crushing the more popular index funds from then to Jan. 7, 2025:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool