2 S&P 500 ETFs to Buy With $100 and Hold Forever

Group 1 - Warren Buffett, known as the Oracle of Omaha, has stepped down as CEO of Berkshire Hathaway, but his investment advice remains valuable [1] - Buffett recommends that most investors should buy and hold the S&P 500 index, with options including Vanguard S&P 500 ETF and Invesco S&P 500 Equal Weight ETF [2] - The S&P 500 index is designed to track the U.S. economy rather than the stock market, comprising approximately 500 large and economically significant U.S. businesses across major industries [3] Group 2 - The selection of stocks in the S&P 500 index is influenced by a committee, focusing on large and economically important companies rather than their current performance [4] - The index is market-cap weighted, meaning that the largest companies have the most significant impact on its performance, which can be both beneficial and detrimental [5] - Investors should consider the specific costs and benefits of the investment asset when choosing an S&P 500 index fund, with Vanguard S&P 500 ETF having a low expense ratio of 0.03% [6][7]