How To Become A Successful Investor

Speaking of the ETFs have track the S&P 500, Vanguard 500 Index Fund (NYSE:VOO) is another major and liquid ETF where the shoe fits the foot. Like the SPDR S&P 500 ETF Trust (NYSE:SPY), the Vanguard 500 Index Fund (NYSE:VOO)’s goal is also to closely track the S&P 500’s index’s returns. In contrast to The SPDR S&P 500 ETF, whose expense ratio is around 0.09% annually, VOO has an expense ratio of 0.05% annually. Buffett also recommended Vanguard 500 Index Fund (NYSE:VOO) in his shareholder letter.

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Phongphan/Shutterstock.com