New to Investing? Lean on This ETF for Maximum Simplicity.

Yahoo Finance ·

If you want to build wealth for retirement (or in general), one of the most important things you can do is start investing as early as possible. The sooner you're able to put your money to work, the more time it has to potentially grow through compounding, where your investment gains can generate additional gains over many years. But knowing you should invest and actually choosing what to invest in are two very different things. When you're new to investing, the options can feel endless. And the idea of choosing stocks individually can feel overwhelming. That's where exchange-traded funds , or ETFs, can help. Instead of trying to pick individual winners, you can buy a fund that gives you exposure to many companies at once. And there's one ETF in particular that could serve as a good starting point if you're trying to kick off your investing journey. When you don't have much experience investing, putting money into a fund that gives you access to a wide range of companies and industries is important. That's where the Vanguard S&P 500 ETF ( VOO +0.00% ) comes in.

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New investors can start their investment experience through ETFs. VOO is an ETF that tracks the S&P 500 index, allowing investors to invest in various industries.

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VOO enables investors to invest in various companies, making it suitable for those with no investment experience.

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Bullish (Long) 63% · Bearish (Short) 37%

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