2024-06-22 11:13:00 ET
Investing in the stock market can seem daunting for beginners, but it doesn't have to be. There are ways to get started on the right foot . Why not tie your budding portfolio directly to the stock market's fortunes as a whole?
If you're new to investing and looking for a straightforward, reliable way to start, consider the Vanguard S&P 500 ETF (NYSEMKT: VOO) . This popular S&P 500 tracker offers a simple yet effective entry into the world of investing.
The Vanguard S&P 500 ETF is designed to mirror the performance of the S&P 500 , a benchmark index that includes 500 of the largest publicly traded companies in the United States. This means you're investing in a diverse cross-section of the U.S. economy, from tech giants like Apple and Microsoft to consumer staples like Procter & Gamble . Even the smallest names on this list are billion-dollar household names such as movie studio Paramount Global or airline operator American Airlines .
For further details see:
How Should a Beginner Invest in Stocks? Try This ETF.