1 Unstoppable Vanguard ETF to Buy With $550 During the S&P 500 Sell-Off
The S&P 500 (SNPINDEX: ^GSPC) is made up of 500 companies from 11 different sectors of the U.S. economy, but the information technology sector is the largest in the index by far, representing 30.1% of its entire value. That's partly because it's home to each of the world's three biggest companies: Apple, Nvidia, and Microsoft, which have a combined value of $8.9 trillion. They are among several tech powerhouses that have led the S&P 500 higher over the last few years, but with the index currently down 10% from its recent all-time high, now might be a great opportunity to buy them at a discount.The Vanguard Information Technology ETF (NYSEMKT: VGT) exclusively invests in stocks from the information technology sector, and it has beaten the S&P 500 every year on average since it was established in 2004. Here's why investors with a spare $550 (money they don't need for immediate expenses) might want to allocate it to one share of this ETF.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) is made up of 500 companies from 11 different sectors of the U.S. economy, but the information technology sector is the largest in the index by far, representing 30.1% of its entire value.
That's partly because it's home to each of the world's three biggest companies: Apple, Nvidia, and Microsoft, which have a combined value of $8.9 trillion. They are among several tech powerhouses that have led the S&P 500 higher over the last few years, but with the index currently down 10% from its recent all-time high, now might be a great opportunity to buy them at a discount.
The Vanguard Information Technology ETF (NYSEMKT: VGT) exclusively invests in stocks from the information technology sector, and it has beaten the S&P 500 every year on average since it was established in 2004. Here's why investors with a spare $550 (money they don't need for immediate expenses) might want to allocate it to one share of this ETF.
