1 No-Brainer S&P 500 Index Fund to Buy Right Now for Less Than $1,000

The S&P 500 is a broad index that tracks the share performance of 500 large and profitable American businesses. It is often used as a bellwether to gauge how the market is doing.A key way to gain exposure to this benchmark for your own portfolio is to buy an index fund. There are many choices of exchange-traded funds (ETFs), but I believe the Vanguard S&P 500 ETF (NASDAQMUTFUND: VFIAX) is a no-brainer S&P 500 index fund to buy right now. And given that its share price is around $560, it's a good option for those with less than $1,000 to invest.Since the Vanguard S&P 500 ETF tracks the performance of the broader S&P 500, it has positions in all of these companies, ranging from dominant tech titans like Apple and Nvidia all the way to smaller and lesser-known enterprises like Amentum Holdings, a specialist in advanced engineering and technology, and Qorvo, which provides equipment to manage power consumption.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool