ETF that I can recommend to anyone
What kind of stocks should I invest in?
This is a question that anyone who has never invested will inevitably have.
To get straight to the point, I recommend VOO.
This is a kind of ETF (Exchange Traded Funds).
Here are three reasons why:
- By buying just one VOO, you can diversify your investment across 504 companies, primarily in the S&P 500, which represents the stock market of the United States, the world’s largest economy.
- The annual return over the past five years has been approximately 15%.
- The fee is extremely low at 0.03%.
VettaFi: you can read summary of VOO
Of course, the author of this blog also owns VOO, and it makes up the largest portion of my portfolio.
As of June 2024, one VOO is approximately $500.
If you were to hold $10,000 worth of VOO, you could expect a capital gain of 15%, meaning your VOO would grow to $11,500 after one year.
I consider this a significant profit.
You would gain $1,500 in passive income in one year.
You would receive a $1,500 raise in one year.
Even if you don’t think this is a large profit, this kind of small accumulation is the long-term strategy of stock investment.
If you’re unsure about what to buy, why not start with VOO?