With an expense ratio of 0.04% and an average annual return of 8%, the Vanguard 500 ETF is the workhorse of your portfolio. This ETF tracks the famous S&P 500 index and is commission free on Vanguard and Etrade.
The S&P 500 index pays approximately 2% APR dividends and has historically outperformed other indexes. It is the financial instrument recommended by Warren Buffett.
I am not a financial professional. Do your own due dilligence.