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Vanguard S&P 500 ETFVOOBUYDec 30, 2014Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
Management fee is unbelievably cheap. If you can put this away for 20 years, there is nothing better in the world. The only thing you have to think about is that of all the markets in the world right now, the S&P 500 has been the #1 performer in 6 out of 7 years. The problem is that most people are going to ambush themselves when times get difficult. If you can truly stick with it, that is great and there is nothing better. From 2000 to about 2012, the S&P 500 rate of return was zero, a really, really long time to be banging your head against the wall. In the middle of all that, you had the gut wrenching 2008 where it was down 40%. He prefers to just own really good companies as opposed to an index.
He tends to use another, which is about 650-700 different stocks, but truthfully if you chart them out, they all look pretty much the same. They are all market cap weighted stocks and all very, very similar. Pick one and you will be fine. As long as he has a strong presence in large caps in the US, it is a good choice. Use this as a core holding.