How can you invest in artificial intelligence (AI) without having to pick specific AI stocks? It’s simple: Buy an exchange-traded fund (ETF) with a heavy concentration in AI stocks. Vanguard has long been a favorite with investors because of its low-cost funds. The investment firm doesn’t have any purely AI-focused ETFs. However, here are three […]
The S&P 500 (SNPINDEX: ^GSPC) tumbled as much as 25% in 2022 as runaway inflation and rising interest rates weighed on the stock market. Against that backdrop, Tom Lee of Fundstrat Global Advisors turned heads when he predicted the index would rally 24% in 2023 despite the growing risk of recession. Lo and behold, his […]
The Russell 2000 is a barometer for small-cap stocks. It is a subset of the broader Russell 3000, which represents the entire U.S. stock market. Specifically, the Russell 2000 measures the performance of the 2,000 smallest stocks in the Russell 3000, which collectively account for 7% of U.S. equities by market capitalization. Tom Lee, managing […]
Nvidia (NASDAQ: NVDA) stock has soared 181% so far in 2024, and its current market capitalization of $3.3 trillion now accounts for 7% of the entire value of the S&P 500. As a result, Nvidia alone is responsible for one-third of the 15.7% gain in the index this year. Simply put, investors with no exposure […]
The fee changes come as Salim Ramji is poised to take over as chief executive of Vanguard. – Getty Images Vanguard, the country’s second-largest financial-advisory firm, will start charging brokerage-account holders a slew of new fees starting July 1 — including a $100 processing fee to close an account or transfer assets to another firm. […]
Vanguard is one of the largest investment advisors and asset managers in the world. Its size allows it to charge very low fees for financial products. The Vanguard Growth ETF (NYSEMKT: VUG) has $235 billion in net assets and charges a 0.04% annual expense ratio — which would be $94 million in fees paid to […]
Apple (NASDAQ: AAPL) and Oracle (NYSE: ORCL) blasted to all-time highs on Wednesday. Apple is up over 14% in the last month — the recent rally primarily fueled by a positive response to its annual Worldwide Developers Conference. Apple is integrating artificial intelligence (AI) across several key product categories. Meanwhile, Oracle is up 19% in […]
Exchange-traded funds (ETFs) can be excellent passive income vehicles, especially when they are low-cost. Consider the Vanguard Russell 1000 Growth ETF (NASDAQ: VONG). Its expense ratio is a mere 0.08%, meaning that $5,000 invested in the fund would result in just $4 in fees per year. The ETF hit an all-time high on Wednesday in […]
Some methods of generating passive income can be quite involved. For example, you could invest in real estate. But that typically entails managing the property or paying someone else to do it. If you’re looking for easy ways to make passive income, you might want to check out Vanguard’s exchange-traded funds (ETFs). Vanguard has made […]
By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was […]
Investing in the Vanguard S&P 500 ETF (NYSEMKT: VOO) is a smart way to guarantee your fair share of the stock market’s return. The exchange-traded fund’s (ETF’s) low expense ratio, strong record of closely tracking the S&P 500 index, and simplicity make it appealing to new investors and seasoned veterans alike. Even Warren Buffett has […]
It’s a slippery slope when a customer-oriented operation like Vanguard Group has been since it was founded almost 50 years ago begins to get greedy by imposing a whole bunch of changes and chintzy fees on its customers. What’s more, getting greedy can not only damage the firm’s reputation but can also cost it money. […]