Got $500 to Invest in Stocks? Put It in This ETF.
If you've got $500, you could invest it all in a single stock. But a better move is to buy an exchange-traded fund (ETF) that lets you invest your money across hundreds, or even thousands, of stocks -- all in just one purchase.
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the most reliable investments on the planet, and it has dirt cheap fees. Read on to learn how a $500 investment in this top S&P 500 index fund could send your net worth skyrocketing.
Image source: Getty Images.
Source Fool.com