1 No-Brainer Growth S&P Index Fund to Buy Right Now for Less Than $500

The S&P 500 is heading for its third straight annual gain, and growth stocks have powered this spectacular performance. These players have thrived in an environment of optimism about technology like artificial intelligence (AI) and quantum computing, and the lower interest rate backdrop also has offered them a boost. (Lower rates mean better borrowing conditions for growth companies -- and often improved financial situations for their customers.)Though growth stocks, overall, have climbed over the past few years, it's not too late to get in on these players. For two reasons. First, it's possible they will continue to climb in the new year, as bull markets historically have lasted longer than bear markets. Second, growth stocks are always a welcome addition to a portfolio because, buoyed by explosive growth during favorable periods, they may help drive gains over time.And right now, for less than $500, you can get in on an asset that allows you to bet on some of the market's most exciting growth stocks. Let's check out this no-brainer buy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool