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1 Simple ETF to Buy With $1,000 and Hold for a Lifetime

The article from MSN Money discusses the merits of investing in the Vanguard S&P 500 ETF (VOO) as a straightforward, long-term investment strategy. It highlights that VOO tracks the S&P 500, which represents about 500 of the largest U.S. companies, offering broad market exposure. The piece explains that historically, the S&P 500 has provided an average annual return of around 10% before inflation, making it an attractive option for investors looking for growth over time. The article emphasizes the benefits of low costs, diversification, and the simplicity of investing in an index fund like VOO, which requires minimal management and can be held indefinitely. It also touches on the power of compounding returns over decades, suggesting that even a modest initial investment like $1,000 could grow significantly if left untouched for a lifetime.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/1-simple-etf-to-buy-with-1-000-and-hold-for-a-lifetime/ar-AA1vNYOa ]