- Low expense ratios
- Highly diversified
- Lasting through the “tests of time”
However, not all index funds are diversified enough to be top-notch. Others may not be ideal for investing in the long term. As there is a wide variety of funds from which to choose, it is crucial for potential investors to gain an understanding into which index funds can best meet their needs. This is especially true as we move into the uncertainty that 2020 brings.
Recently, many ETFs (exchange traded funds) and index funds have been brought to the market. But, don’t be fooled by the idea that all ETFs and index funds are great long-term investments.
The best index funds for 2020 are those that are inexpensive and widely diversified. For this reason, we have cultivated some of the best index funds for 2020 to purchase for long-term holding and investing purposes.
Strongest S&P 500-based Index Funds for 2020
The S&P 500 Index is the gold standard of funding focuses. They are an index of 500 stocks of some of the largest companies in the United States by market capitalization, and are a wonderful indicator of overall market performance. The three best S&P 500 based index funds are VFINX, FXAIX, and SWPPX.
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