Summary: <a href="http://i0.wp.com/www.lifestyletrading101.com/wp-content/uploads/2016/12/buffett.jpg"></a>Warren <a href="http://www.lifestyletrading101.com/warren-buffetts-best-investment-advice-buy-index-funds/">Buffett’s best investment advice is to buy the index fund</a> – he recommends the S&P500 for solid diversification.<br> But there are <a href="http://www.lifestyletrading101.com/buying-the-sp500-index-fund-vanguard-vfiax-vs-voo-vs-spy/">multiple ways you can buy the S&P500 index fund</a>.<br> <br> * Invest directly with Vanguard<br> * Buy Vanguard’s S&P500 ETF (VOO)<br> * Buy the Spiders ETF (SPY)<br> <br> We examine the pros and cons of each one in terms of expense ratio, trading commissions, and more.<br> We also examine a strategy that uses a no-fee broker (Robinhood) – and how this approach can let you get invested into the index fund without trading commissions.<br> However, the one downside is that when it comes to dollar cost averaging, it’s not so simple as you can’t buy decimal numer of shares. Still, our preferred method of <a href="http://www.lifestyletrading101.com/buying-the-sp500-index-fund-vanguard-vfiax-vs-voo-vs-spy/">getting invested in the S&P500</a> is either to buy SPY or VOO from your broker of choice.<br> <br><br> <br>
