Got $500 to Invest in Stocks? Put It in This ETF.
Do you have $500 (or $50 or $50,000) to invest and want to invest in stocks? Good for you! It's hard to beat the stock market, after all, as a way to build long-term wealth. Like millions of people, though, you may not know where to start or how to invest in stocks.
If that sounds like you, consider investing in a simple, low-fee, broad-market index fund, such as one that tracks the S&P 500 index of 500 of America's biggest companies. Multiple exchange-traded funds (ETFs) fit that bill.
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Source Fool.com