Is Vanguard Total Stock Market ETF Stock a Buy?
Vanguard Total Stock Market ETF (NYSEMKT: VTI) is an interesting option for investors looking for the ultimate "punt" stock play. In fact, in some ways it is even better than an S&P 500 Index fund. The only problem is what Vanguard Total Stock Market ETF isn't. Here's what you need to know before buying this ETF.
Vanguard Total Stock Market ETF is an exchange-traded fund, which means it is a pooled investment vehicle like a mutual fund but it trades all day long like a stock. The expense ratio for this ETF is an ultra low 0.03%, so it is incredibly cheap to own. To put some numbers on that, for every $10,000 invested in the fund, you will pay Vanguard a miserly $3 -- that's very cost effective. The fund has nearly $900 billion in assets, so it is a big player in the ETF space and isn't likely to get shut down because of a lack of investors (something that happens quite often to niche ETFs that don't gain traction).
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Source Fool.com
