Market downturns come and go, but being ready with your portfolio is essential. Most people do not have the time or want to study individual stocks that can create a portfolio, so they go with a more straightforward route, the ETF.
SPY is the first ETF created. It came onto the market in 1999 and is now the largest ETF you can invest with. One thing that makes it so great is that it tracks the S&P 500 index.
VTI is similar to SPY, but it holds all the companies instead of just holding the top 500 companies in the U.S. VTI is a total market ETF with a collection of all the companies on the U.S. stock exchange.
SCHD is a dividend growth ETF from Schwab. The ETF is built with value companies like Home Depot, Coke Cola, AbbVie, etc. The great thing about SCHD is that the companies provide everyday products that people use all the time.
SCHD is a dividend growth ETF from Schwab. The ETF is built with value companies like Home Depot, Coke Cola, AbbVie, etc. The great thing about SCHD is that the companies provide everyday products that people use all the time.
QQQ is a growth ETF. It tracks the Nasdaq 100, which is comprised of growth companies. Most people would stay away from growth companies because their portfolios may see big dips in downturns.
VIG is an excellent dividend ETF to hold in your portfolio if you are looking for dividend-yielding companies with a known history of increasing their dividends for over ten consecutive years.