Some investors just want everything -- and they can have it if they buy Vanguard Total Stock Market ETF (NYSEMKT: VTI). That's only sort of a joke. The real story here is that this highly diversified ETF is a great starting point for new investors and can be used as a foundation for growth both in your portfolio and in your investment knowledge. Here are some reasons why you might want to buy Vanguard Total Stock Market ETF.

Vanguard Total Stock Market ETF is an exchange-traded fund that buys every security that can be purchased on U.S. exchanges. It currently holds 3,747 stocks. That's a number that no small investor would be wise to try to replicate on their own -- it would simply be too hard to manage. That is why an ETF like this exists. With one single purchase, you can get exposure to all of those stocks for an expense ratio of just 0.03%. That's shockingly cheap.

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Source Fool.com