Before You Buy the Vanguard S&P 500 ETF, Here Are 3 Others I'd Buy First
Investing in the Vanguard S 500 ETF (NYSEMKT: VOO) is a smart way to guarantee your fair share of the stock market's return.
The exchange-traded fund's (ETF's) low expense ratio, strong record of closely tracking the S 500 index, and simplicity make it appealing to new investors and seasoned veterans alike. Even Warren Buffett has some money in the index fund.
However, many investors might want to consider diversifying beyond the S 500. The index is currently heavily concentrated in just a few companies' stocks. , Nvidia, and Apple account for over 20% of the index's value, as of this writing.
Source Fool.com