Vanguard S&P 500 ETF (VOO-N)

Trailing PE is 23x, forward is 19x. Many studies show that a PE level is not a really great determinant of an index's investment return going forward. What's more important is earnings growth. Right now, still sees high-single or low-double-digit earnings growth for the S&P 500.

The S&P 500 is quite concentrated. Not a great diversified strategy. Top 10 names are 30% of the index. Tech + communications + consumer discretionary make up close to 50% of the index. Those 3 sectors have been the worst performers so far this year. See his Top Picks.

SPY is the oldest and the biggest. Starting to be overtaken by VOO, perhaps because of the slight difference in MER cost. Worthwhile contacting the ETF company itself for a tax opinion on which account is best to hold it in.

Great that the viewer is starting her son out early. Years of compounding growth is the best thing that any investor can do.

For anything that's related to just the S&P 500, you really need to know what you're buying. Here, you're buying about 37% in 10 companies. In other words, the top 10 companies represent about 37% of the S&P 500. So the ZSP and VOO are a bit top heavy. There's some risk if mega-cap tech names start to sell off, which they will at some point.
 
So take a look at diversifying. Perhaps VGG, where you still get exposure to tech but more dividend appreciation. Another approach is to look at ETFS that focus on quality, such as QUAL or ZUQ among other names. These two screen for strong ROEs and low leverage.

Low-cost ETFs are a great mechanism to include in a portfolio, especially for smaller accounts. Also good if you want exposure right away to a particular index; over time, you can build out a portfolio that's more custom-tailored. His view is that a professional manager can get you better returns, but there is a place for these ETFs for certain investors.

Downfall is that you're tied to what the index is. If you're comfortable with those weights, that's great. If not, then you'd want to create a portfolio by yourself or with an investment manager.

The S&P 500 is not the only index his clients have in portfolios. Other names, regions, and geographies can be used to build a quality portfolio. Want to make sure you're not overweight in any one sector.

This version is not currency hedged. If you're thinking of the next number of years and where the CAD is today, it might be weaker until the upcoming potential downturn in the next 6-12 months. 

He'd look for exposure to the S&P 500 long term, but use a currency-hedge strategy ETF. Vanguard and iShares both have those, competitively priced.

Most active managers fail to beat the index long term. You can buy and hold a passive index fund. But active traders take advantage of dips and they dollar-cost average. Also, you can buy an index fund at the top of the market, then be under water for a while. That said, the index plus dollar-cost averaging tend to beat the majority.

Good if you're buying in USD. He prefers the market-weighted over the equal-weighted right now. Large and mega-caps will continue to perform well. 

His mid-term target for the S&P 500 is 5500, then maybe a pullback in September-October, and then go on to hit 6000 in the first quarter of 2025. Good opportunities in it, even though the market's performed well. Good core holding.

Excellent option for S&P 500 exposure. Very hard to beat performance. Excellent long term hold. Would recommend. 

A straight S&P index ETF. Nothing wrong with this. Similar ETFs are also fine, like VV and SPY.

Management fee is unbelievably cheap. If you can put this away for 20 years, there is nothing better in the world. The only thing you have to think about is that of all the markets in the world right now, the S&P 500 has been the #1 performer in 6 out of 7 years. The problem is that most people are going to ambush themselves when times get difficult. If you can truly stick with it, that is great and there is nothing better. From 2000 to about 2012, the S&P 500 rate of return was zero, a really, really long time to be banging your head against the wall. In the middle of all that, you had the gut wrenching 2008 where it was down 40%. He prefers to just own really good companies as opposed to an index.

He tends to use another, which is about 650-700 different stocks, but truthfully if you chart them out, they all look pretty much the same. They are all market cap weighted stocks and all very, very similar. Pick one and you will be fine. As long as he has a strong presence in large caps in the US, it is a good choice. Use this as a core holding.

Great way to go. The cheapest ones out there. This is the way to play it. Also, VFV-T. Neither are hedged, but it is a Canadian dollar stock.

Would Vanguard’s S&P 500 ETF (VOO-N) or Vanguard’s US Total Market ETF (VUS-T) be an appropriate starter to have some US investments in my portfolio? Either one would be fine.