Got $1,000 to Invest in Stocks? Put It in This ETF.
Got a little extra money you won't be needing for a while and want to put to work in the stock market? Excellent choice. Investing in stocks is the most accessible way for anyone to achieve solid long-term returns on whatever amount of money they invest. The question is, which stocks should you buy?
How about all of them (or at least 500 of the biggest)?
By stepping into a basket of stocks like the SPDR S 500 ETF Trust (NYSEMKT: SPY) you're plugged into the vast majority of the U.S. stock market, and you're positioned to capture all of its overall upside without all the hassle of finding and keeping tabs on individual stocks.
Source Fool.com