The Smartest Growth ETF to Buy With $1,000 Right Now

There are all sorts of exchange-traded funds (ETF) you can buy on the market. State Street pioneered the idea of the ETF when it launched the SPDR S&P 500 ETF Trust in 1993, and today, there are a plethora of ETFs, some of which track indexes with hundreds or even thousands of stocks, and others with hand-picked portfolios.ETFs offer investors broad exposure to certain trends or industries, or they can be a simple way to invest in a category or market index. Vanguard has some of the most popular ETFs, and the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG) is an excellent choice if you have $1,000 to invest right now.There are various ways to invest in the market, with many different index funds and index ETFs available to investors. Warren Buffett recommends that most investors buy a fund that tracks the S&P 500 because it's hard to beat the market. Berkshire Hathaway itself owns shares of both the SPDR ETF and the Vanguard S&P 500 ETF.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool