""Over the years, I've often been asked for investment advice," billionaire Warren Buffett wrote in a 2016 shareholder letter. "My regular recommendation has been a low-cost S&P 500 index fund." With that, Buffett has named the Vanguard S&P 500 ETF ( NYSEARCA: VOO) as one way to invest. What makes it most attractive is that the ETF measures the performance of the S&P 500 and includes value stocks and growth stocks from multiple market sectors. In fact, it holds Nvidia, Microsoft, Apple, Amazon, Alphabet, and Berkshire, to name a few."
"With an expense ratio of 0.03%, the ETF pays a quarterly yield. On July 2, it paid out a dividend of $1.744700. On March 31, it paid out $1.812100. Also, since VOO bottomed out at around $450 in April, it rocketed to $596.52. From here, we'd like to see it test $650."
Savings accounts currently offer low yields that fall far short of the higher rates available from some exchange-traded funds. Some ETFs deliver yields well above 5%, combining dependability with income. The Vanguard S&P 500 ETF (VOO) tracks the S&P 500 and holds major value and growth companies including Nvidia, Microsoft, Apple, Amazon, Alphabet, and Berkshire. VOO has a 0.03% expense ratio and pays quarterly dividends ($1.744700 on July 2 and $1.812100 on March 31). VOO's price rebounded from around $450 in April to about $593 and is positioned to test higher levels. The Invesco KBW Premium Yield Equity REIT ETF (KBWY) yields 7.84%.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]