It's been a pretty good year to be an investor in the broad indices, with the popular Vanguard S&P 500 ETF (NYSEARCA:VOO) and Invesco QQQ Trust (NASDAQ:QQQ) both up by double-digits, with two and a half more months to go in the year.
Most investors hope to outperform the S&P 500 over the long run. But according to SPIVA Scorecards, a whopping 89.5% of all professionally managed funds actually underperformed the benchmark index over the past 10 years.
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is up 0.56% at midday trading and back in positive territory The uptick comes after a modest pullback yesterday, where shares closed down 0.34%, effectively halting a robust five-day winning streak that had propelled the benchmark-tracking fund to fresh highs.
Vanguard S&P 500 ETF (VOO) tracks the S&P 500, focusing on 500 large-cap U.S. stocks, while Vanguard Total Stock Market ETF (VTI) covers over 3,600 stocks across all market caps.
Billionaire investor Warren Buffett is known for his engaging stories about investing, and he's quick to throw in a quip here and there that will get a chuckle out of the crowd. But investors take his investing advice very seriously.
There might be a common misconception out there that investors must be skillful at picking individual stocks for their portfolios to achieve success. This just isn't true.
The Federal Reserve cut interest rates by 0.25% yesterday, and predicted two more rate cuts this year.
The Federal Reserve will announce its decision on interest rate cuts this afternoon.
This article will be updated throughout the day, so check back often for more daily updates.
Since its 1957 debut, the S&P 500 Index has been such a strong and reliable arbiter of US stock market health that Warren Buffett and Charlie Munger have both routinely touted it in interviews.
ADP reported weak private employer jobs growth in August — 54,000 net new positions.
Retirees are often advised to limit risk in their portfolios. And there's a good reason for that.