VPU - What's the Best Way to Invest in Stocks Without Any Experience? Try This Index Fund
2024-04-25 04:50:00 ET
What's the best way to invest in stocks with no experience? Many will suggest you buy into an index fund. These investment vehicles, usually marketed as exchange-traded funds (ETFs), often track an index, which is a collection of stocks with some criteria in common.
There are indexes for nearly anything you can think of. There are indexes that track utility companies, small-cap companies, or companies that operate exclusively in China. There are even indexes focused solely on dividend-paying stocks, or stocks that are expected to grow faster than the market.
If you're just starting as an investor, there's one index fund in particular you should be targeting: the Vanguard Utilities ETF (NYSEMKT: VPU) .
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What's the Best Way to Invest in Stocks Without Any Experience? Try This Index Fund