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The S&P 500 Has Returned About 11% Annually Since 1958. Here's the ETF I'd Trust for the Next 30 Years.

Key PointsLeadership in the U.S. equity market has changed significantly over the years.

In 1996, the S&P 500's largest holdings included numerous companies that dominate the current economy, but their roles have evolved significantly. Microsoft is the sole Magnificent 7 stock still present in the top 10 today. Apple faced a corporate crisis before Steve Jobs' return revitalized the company. Nvidia, Amazon, Meta Platforms, Alphabet, and Tesla were non-existent or not publicly traded back then.

Economies are dynamic, leading to substantial changes. When investing long-term, one may attempt to select stocks capable of surviving and flourishing, or opt for an ETF offering broad market exposure. That's why I recommend the Vanguard Total Stock Market ETF (VTI) for a core holding in a multi-decade portfolio.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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New Pillar: Government-Backed Digital Pension Scheme Accounts as a Parallel Alternative to Compulsory Super

A discussion paper evaluating a new, forward-only retirement system funded by non-marketable government bonds, run alongside the existing superannuation pool rather than replacing it.

  • Government-backed Digital Pension Scheme (DPS) proposed as parallel to compulsory superannuation
  • DPS funded through parallel account system with annual income top-ups and inflation-linked interest

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