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from24/7 Wall St.
5 days agoLow-Cost Vanguard Funds That Could Lead Portfolios For Years
Prefer low-cost Vanguard funds like VOO to minimize fees and gain broad U.S. equity exposure for long-term investors.
As a barometer of US industrial and corporate economic health, the S&P 500 Index has few equals. Over the past decade, less than 15% of professional large-cap fund managers have been able to surpass the performance of the S&P 500. In fact, no less an investing authority than Warren Buffett cited in the 2013 Berkshire Hathaway shareholder letter: " The goal of the non-professional should not be to pick winners...instead, seek to own a cross-section of businesses that in aggregate are bound to do well. An S&P 500 index fund will achieve this goal."