Is the Vanguard S&P 500 Index ETF Right for Your Retirement Portfolio? 3 Better ETFs for Dividend Investors
Buying the S&P 500 index is a great wealth-building investment. One of the lowest-cost ways to do that today is with the Vanguard S&P 500 Index ETF, which has a tiny 0.03% expense ratio. But is this exchange-traded fund (ETF) the best option for all investors?Maybe not, particularly if you are retired and looking to live off of the income your portfolio generates. Here are three better choices for income-focused investors to consider.Before getting to the alternatives to the S&P 500 index, this broad-based market index needs to be given its due. As the chart below highlights, a $150,000 investment in Vanguard S&P 500 Index ETF at its founding in late 2010 would be worth over $500,000 today. It has been a powerful growth tool, and that's just the last 15 years or so.Continue reading
Buying the S&P 500 index is a great wealth-building investment. One of the lowest-cost ways to do that today is with the Vanguard S&P 500 Index ETF, which has a tiny 0.03% expense ratio. But is this exchange-traded fund (ETF) the best option for all investors?
Maybe not, particularly if you are retired and looking to live off of the income your portfolio generates. Here are three better choices for income-focused investors to consider.
Before getting to the alternatives to the S&P 500 index, this broad-based market index needs to be given its due. As the chart below highlights, a $150,000 investment in Vanguard S&P 500 Index ETF at its founding in late 2010 would be worth over $500,000 today. It has been a powerful growth tool, and that's just the last 15 years or so.
