You have countless options when it comes to choosing where to invest. One of those options is exchange-traded funds, or ETFs.
An ETF is a group of stocks consolidated into a single investment. So when you invest in just one ETF, you’re instantly investing in hundreds or even thousands of different stocks. This will help diversify your portfolio and reduce your risk.
While there are many different ETFs to choose from, a solid option is the Vanguard S&P 500 ETF (NYSEMKT:VOO). This fund tracks the S&P 500 index, meaning it includes the same stocks as the index itself and mirrors its performance.
