2 Vigorous Vanguard ETFs to Acquire With $700 Amid S&P 500 Bull Run
The stock market is notching record highs, with the push by technology behemoths at the forefront of the rally. For investors interested in harnessing the momentum of this uptrend, exchange-traded funds (ETFs) present a robust investment vehicle. Vanguard, a leading figure in low-cost indexing, offers a selection of ETFs that are worth considering for investment, especially when the market is bullish. Let's delve into two Vanguard ETFs that could offer considerable returns for a $700 investment during the current bull market phase.
The Rise of Tech Titans
Driving the bull market are some of America's largest technology stocks. Leaders in this rally include Microsoft Corporation MSFT and Nvidia Corporation NVDA, both capturing significant gains and investor interest. MSFT, a titan in the software and computing world, is known for its ubiquitous Microsoft Windows operating systems, Microsoft Office productivity suite, and hardware offerings like the Xbox and Surface devices. Besides its corporate success, MSFT ranked No. 21 in the 2020 Fortune 500 list and was recognized as the world's largest software maker by revenue as of 2016. NVDA, on the other hand, is at the forefront of the graphics processing unit (GPU) segment, catering to both gamers and professionals, while also venturing into the mobile computing and automotive industries with its system on a chip units (SoCs).
Choosing the Right Vanguard ETFs
When selecting Vanguard ETFs, it's essential to look for funds that have significant exposure to high-performing tech stocks like MSFT and NVDA. With $700, investors can diversify their portfolio by investing in ETFs that not only contain these tech heavyweights but also offer a broad exposure to the market's top performing sectors. By doing so, an investor could benefit from the collective performance of several industry leaders through a single investment.
Vanguard, ETFs, Investment