Buy These 3 ETFs and Hold For Decades

"Each one of us works hard to make money, and it is always a delight to have your money work for you. Investing in the right assets and holding them for the long term can be one way of making money. Exchange-traded funds have gained immense popularity over the past year. It is a passive form of investment that can generate steady dividend income and offer capital appreciation. You can build an instantly diversified portfolio through ETFs."

"The Vanguard Total Stock Market ETF is a broad-based ETF with over 3,500 stocks across large-cap, mid-cap, and small-cap companies. It tracks the performance of the CRSP US Total Market Index and has an expense ratio of 0.03%. VTI is a large-blend ETF with the highest allocation towards the technology sector (38.50%), which has allowed it to perform well in the past year. The ETF has gained 13% in the year and is exchanging hands for $340."

"After tech, it allocates 13.90% to the consumer discretionary sector and 12.10% to the industrials segment. Its top 10 holdings include the well-known tech giants such as Nvidia, Apple, Microsoft Corporation, Amazon, Alphabet, and Meta Platforms. These stocks have led the rally and continue to take the S&P 500 higher. VTI has a yield of 1.11% and pays quarterly dividends. It has generated a cumulative 1-year return of 17.10%, a 3-year return of 82.69%, and a 10-year return of 278.82%."

Exchange-traded funds provide passive exposure, steady dividend income, capital appreciation, and instant portfolio diversification. Vanguard Total Stock Market ETF (VTI) holds over 3,500 large-, mid-, and small-cap stocks and tracks the CRSP US Total Market Index with a 0.03% expense ratio. VTI allocates 38.50% to technology, 13.90% to consumer discretionary, and 12.10% to industrials, and its top holdings include Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta. VTI yielded 1.11%, pays quarterly dividends, traded near $340 with a 13% one-year gain, and delivered cumulative returns of 17.10% (1-year), 82.69% (3-year), and 278.82% (10-year). Broad ETF exposure reduces individual stock weighting and increases diversification for long-term investors.

Read at 24/7 Wall St.