Millionaires Are Betting Big on This ETF-Should You?
Briefly

From April 2 to April 8, the Vanguard S&P 500 ETF saw a significant drop of 12% due to investor fears stemming from President Trump's tariff strategies. However, a 9% recovery followed after a temporary ceasefire was declared regarding the tariffs. As of Monday, the ETF found some stability around $490, though it's still down over 5% from its previous value. Leading investors believe it may be a good time to enter the market again, particularly highlighting the long-term advantages of the S&P 500 ETF for diversification and low-cost investing.
The Vanguard S&P 500 ETF allows investors to buy into a collection of America's 500 largest publicly-traded companies at a low cost, similar to buying one stock.
Despite a significant 12% drop due to concerns over tariffs, the stock market rebounded 9% after the presidential announcement of a ceasefire in the tariff war.
Investors might consider whether now is a safe time to re-enter the market, but leading finance experts indicate that the Vanguard S&P 500 ETF remains a solid option.
Warren Buffett famously wagered that the S&P 500 would outperform top hedge funds, proving his point by a margin of four times, endorsing the reliability of index investments.
Read at 24/7 Wall St.
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