2 Vanguard ETFs to Buy With $2,000 and Hold Forever
It may be time for something else besides the world's favorite go-to index fund.
Got an extra couple thousand bucks you know you won't be needing anytime soon, but you aren't quite sure what to do with it? Put it to work in the stock market, of course. And just to ensure your investment is a true buy-and-forget-it forever holding, your best bet is a broad-based exchange-traded index fund, or ETF. These are just large baskets of many different stocks, providing you with permanent diversification that's automatically maintained for you by someone else.
To this end, here's a closer look at two ETFs from the Vanguard family of funds that you might want to consider buying for yourself sooner rather than later -- presuming you already own something like the Vanguard S&P 500 ETF (NYSEMKT: VOO), which is based on the S&P 500 (SNPINDEX: ^GSPC) index. While an S&P 500 index fund reflects the collective value and movement of about 80% of the U.S. stock market and is still your best first foundational equity holding, some strategic ETF picks made right now could spice up your overall returns just a bit.
