2 ETFs That Are Screaming Buys in August
Everybody loves the thought of hitting it big in the stock market on a company they believe in. There's something rewarding about having your "I knew it could happen" feelings justified with results. However, it doesn't take finding the next big thing to generate wealth in the stock market; broad exchange-traded funds (ETFs) can do the trick.
ETFs may not be as exciting as hot-name stocks, but they can often be just as rewarding over time. Investors looking to add ETFs to their portfolio should consider the following two options. These are both broad ETFs that cover a large range of sectors and company size.
The Vanguard S&P 500 ETF (NYSEMKT: VOO) mirrors the S&P 500, the most important index in the U.S. stock market. Tracking the 500 largest U.S. companies on the market, the S&P 500 is widely considered as a way to gauge the health of the U.S. economy.
Source Fool.com
