Is the Vanguard Information Technology ETF (VGT) the Smartest Investment to Buy With $1,000 Right Now?

You don’t need to be wealthy to make a lot of money in the stock market. In fact, with the right stocks, you could generate hundreds of thousands of dollars or more with just a single $1,000 investment.

Exchange-traded funds (ETFs) can be a fantastic option for those looking to build long-term wealth with minimal effort. Each ETF contains a collection of stocks, bundled together into a single fund. They require a fraction of the research involved in buying individual stocks, making them low-maintenance passive investments.

Each ETF will have its own unique strengths and weaknesses. But if you’re looking to maximize your earnings in the stock market while barely lifting a finger, the Vanguard Information Technology ETF (NYSEMKT: VGT) could be a fantastic buy.

Continue reading

Source Fool.com