Published on 6 Apr 2024 on Motley Fool via Yahoo Finance
Got $1,000 to Invest? Buy This Hot Vanguard ETF.
If you have extra cash -- say $1,000 -- that you want to put to work in the stock market, you might want to consider exchange-traded funds (ETFs). ETFs deliver exposure to many stocks with a single purchase, making them ideal for beginner investors or for anyone seeking increased diversification.
ETFs offer a great option for those who don't have an individual stock in mind for potential purchase but still want to invest. They also offer a great option for those who might want exposure to a particular investing style like growth stocks or dividend income but aren't sure where to start. ETFs are ideally suited to meet these challenges.