What's the Best Way to Invest in Stocks Without Any Experience? Try This Index Fund.
Investing in the stock market is one of the most effective ways to build wealth over time. Fortunately, stock ownership in the United States has been the highest in years. Today, 62% of Americans own stocks across individual and retirement accounts. Unfortunately, that's still roughly 4 in 10 people who don't.
Investing can be as simple or complex as you want to make it. One common mistake many new investors make is diving headfirst into riskier strategies like individual stocks and options. If you're just starting, consider buying a high-quality index fund instead.
One that stands out for its simplicity and eye-popping long-term results is the Vanguard S&P 500 ETF (NYSEMKT: VOO). Here's what you need to know.
Source Fool.com