If you're a self-directed investor looking to create a buy-and-hold portfolio with Vanguard mutual funds or exchange-traded funds (ETFs), then Vanguard 500 Index Admiral (VFIAX) might be a possible option. Putting money behind this proven investment vehicle can help you build lasting wealth. Investing in large-cap stocks could be one of the safest choices offered by the stock market.
Vanguard index funds kicked off the passive-investing revolution, in which investors try to meet rather than beat market moves for long-term success. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services.
Here's what investing newbies should prioritize when it comes to picking a Vanguard fund. If you've been stuck searching for Index funds, consider Vanguard 500 Index Admiral (VFIAX) as a possibility. The fund does not have a Zacks rating, but it has a solid history of performance.
There's no question the stock market is one of the best tools people have at their disposal to build lasting wealth. The issue for many is knowing which investments to choose. That's where Vanguard funds like VFIAX come in.
When it comes to investing in VFIAX, it's important to consider your investment goals, risk tolerance, and time horizon. VFIAX is designed to track the performance of the S&P 500 Index, providing exposure to 500 of the largest U.S. companies.
Investors looking for a low-cost, diversified investment option may find VFIAX appealing. The fund has a low expense ratio and a history of competitive performance compared to its benchmark index.
One potential downside of investing in VFIAX is the lack of active management. Unlike actively managed funds, VFIAX simply aims to replicate the performance of the S&P 500 Index. This passive approach may not appeal to all investors.
Overall, VFIAX can be a good investment choice for those seeking long-term growth and stability. By investing in a fund that tracks the performance of the broader market, investors can benefit from the overall growth of the economy.
