If I Were Investing My First $1,000 to Start 2024, Here's What I'd Buy
The one thing about hindsight is that it's always 20/20. You'd have difficulty finding someone who doesn't look back at some of their decisions and wish they would've gone another route. Investing is no exception to this, either.
I know there are investments I look back on and wish I made (or didn't make), and I'm sure countless investors would have similar thoughts. But you live, and you learn. However, if I were starting my investing journey in 2024, there's no question where I'd invest my first $1,000: the Vanguard S&P 500 ETF (NYSEMKT: VOO).
The stock market has indexes that theoretically group companies by criteria to track their performance. The S&P 500 (SNPINDEX: ^GSPC) is the most popular of these indexes, tracking the largest 500 companies traded on the U.S. stock market. An investment in an S&P 500 exchange-traded fund (ETF) is like an investment in the broader U.S. economy, which is why I'd go with the Vanguard S&P 500 ETF.
Source Fool.com
