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Is the Vanguard 500 Index Fund a Strong Buy in 2024?

TheMotleyFool

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Is the Vanguard 500 Index Fund a Strong Buy in 2024?: https://g.foolcdn.com/editorial/images/761426/growth-stock.jpg

Stock investing doesn't need to be overly complicated. By buying and holding a low-cost fund that tracks the S 500, and subsequently reinvesting the dividends, investors would have grown their money by a healthy 211% over the past 10 years.

Keeping with this theme, Warren Buffett has often advocated for lay investors to put up to 90% of their capital into the Vanguard 500 Index Fund (NYSEMKT: VOO) and the remaining 10% into short-term government bonds. Buffett favors this particular S 500 tracking vehicle because of its rock-bottom expense ratio of 0.03%.

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Source Fool.com

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