3 Vanguard ETFs to Buy With $1,000 and Hold Forever

Core Viewpoint - The article emphasizes the benefits of long-term investment in low-cost ETFs, highlighting their potential for wealth accumulation through dollar-cost averaging and compounding [2][5]. Group 1: Vanguard S&P 500 ETF - The Vanguard S&P 500 ETF (VOO) is recommended as a top choice for long-term investment, mirroring the performance of the S&P 500 and providing exposure to 500 major U.S. companies [3][4]. - The ETF has shown strong performance with average annual gains of 13.6% over the past decade, encompassing both bull and bear markets [4]. - It features a low expense ratio of 0.03%, making it an attractive core holding for investors [5]. Group 2: Vanguard Growth ETF - The Vanguard Growth ETF (VUG) is positioned as a suitable option for investors seeking growth stocks, focusing on large-cap companies with strong sales and earnings momentum [6][8]. - This ETF has outperformed the broader market with average annual returns of 16.3% over the past decade, benefiting from a higher weighting in growth-oriented companies like Nvidia [7]. - It maintains a low expense ratio of 0.04%, providing a cost-effective alternative to actively managed funds [8]. Group 3: Vanguard International High Dividend Yield ETF - The Vanguard International High Dividend Yield ETF (VYMI) offers international exposure and dividend income, tracking non-U.S. companies with above-average dividend yields [9][11]. - The ETF has performed well, with a nearly 27% increase this year and average annual returns of nearly 14% over the past five years [10]. - It has a higher expense ratio of 0.17% compared to domestic Vanguard ETFs, but remains competitive for international funds, adding diversification and yield to U.S.-focused portfolios [11].