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Vanguard S&P 500 ETF (VOO) - Find objective, share price, performance, expense ratio, holding, and risk details.
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money in a stock market, you can have an account that looks just like this. This is going to be a full proof step by step guide that teaches even beginners how to invest. Let's tap in. The first thing you're gonna need is a brokerage account. This is going to be extremely different than your normal bank account. This is an account where you're going to be able to buy, sell, and trade stocks and securities. Fidelity, Schwab, Robinhood, all gonna be viable brokerage account options for you. Make sure you download one, the majority of them are free. Next thing you're gonna do is have a deposit schedule for this brokerage account. If you're in your 20s and you're working at a Walmart, Amazon, part time job, start with $10 a week. This is literally how much I started with in 2020 and I've been able to grow my portfolio by tens and tens of thousands of dollars since just by staying consistent. Next thing you're gonna want to do is find an ETF with a low expense ratio that tracks the S&P 500. I would personally suggest VOO, although this is not financial advice. About VOO, this is the Vanguard S&P 500 index. This is one of the best things that you can buy in the stock market as a beginner and the stock market because it tracks the S&P 500. The top 500 large cap US companies. By investing in VOO, you're gonna get exposure to a lot of the companies that you shop at on an everyday basis. The majority of these companies are not going anywhere. And the S&P has grown at an average rate of return of about 10% a year over the last 10 years. Don't sell just because we're in a down market. Down markets give you an opportunity to buy even more. Make sure you stay smart. Share this with a friend and let's get this money. Follow me for more.