One thing I've learned throughout my life is that hindsight truly is 20/20. Ask anyone if they could go back in time and change a few decisions, and I'm almost certain they'd say yes. That doesn't necessarily mean the original decision was bad, just that there was a better one to be made.

In my case, one decision I would change is where I invested my first $1,000. If I could have a redo, I'd put that $1,000 in the Vanguard S 500 ETF (NYSEMKT: VOO).

The U.S. stock market has three main indexes: the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite. Of those, the S 500 is hands down the most popular, largely because of the companies it tracks: the largest 500 public U.S. companies by market cap.

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Source Fool.com