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The 7 Best Index Funds for Your Money

Looking to make your portfolio more well-rounded on the cheap? This list of index funds is a perfect jumping-off point

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Wall Street’s “smart money” has really been making a case for some of the market’s best index funds.

best index fundsMonths ago, Warren Buffett drew headlines for saying the money he plans to leave behind for his wife should be mostly sunk into a low-cost S&P 500 index fund. (For the record, he prefers Vanguard’s offerings, which likely means the VOO ETF.) More recently, Charles Schwab’s (SCHW) namesake founder said that index funds were right for 98% of Americans. (You’ll be surprised to find that Chuck gave a mention to Schwab’s “1000 Index.”)

And it’s pretty hard to argue with them.

After all, index funds can offer portfolio stability in a pinch, meaning even the most novice investor can do right just by stocking up on a few of the best index funds the market has to offer. Whether it’s an index-tracking mutual fund in your 401k, or a few ETFs in your IRA, you can throw together hundreds of stocks, some commodities, bonds — you name it! — into your retirement plan without breaking a sweat or dropping thousands of dollars in trading fees.

Which funds to buy ultimately is up to you — your investment horizons, your risk tolerance. But if you’re looking for a place to start, consider this list of seven of the best index funds that will tackle most of the globe, and will position you in both growth and income.

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Article printed from InvestorPlace Media,

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