We provide the latest news from the world of economics and finance
Someone is sitting in the shade today because someone planted a tree a long time ago. --Warren Buffett
Why settle for good results in your investments when you could get excellent results? No matter how you're managing your financial life today -- or your life in general -- you can probably do better if you make certain long-term investments. Here are three such investments you'll thank yourself for later.

The best way to become a better investor is to become a savvier investor. The more you know, the smarter investing decisions you'll likely make. Here are some great ways to get smarter about the stock market:
While you're learning, be sure to take note of common investing mistakes, so that you can avoid making them.
Investing in your health may not seem like a way to get financially stronger, but your health and your wealth are related. For one thing, poor health can be very costly, potentially presenting you with hefty bills from doctors, hospitals, and pharmacies. It can cost you years of your life, too.
To aim to keep your healthcare costs (especially those you'll face in retirement) at a minimum, be good about eating nutritious food and getting or staying fit. The process of staying fit can be part of your financial education, too, as you might listen to good financial podcasts produced by smart people while you run or walk or cycle. (There are lots of good business podcasts and investing podcasts.)

The two investments above will take some effort and perseverance, but they can be well worth it, strengthening your financial health and your physical health. Here's a third long-term investment idea for you, and a very simple and easy one: Park much or all of your long-term dollars in one or more low-cost, broad-market index funds.
If most or all of your investing is in index funds, you won't need to spend much time reading and learning about investing, because your money will simply be distributed across the same securities that are in the indexes that your funds track. You won't have to think about when to buy or sell any particular stock, because as companies are added to or removed from those indexes, your money will be moved in or out of them for you.
Index investing is hardly a compromise in investing, either. You might spend a lot of effort picking stocks and still not outperform the broad-market indexes -- indeed, many mutual funds managed by highly paid professionals underperform index funds. Even Warren Buffett has recommended them for most investors.
Some low-fee index funds to consider are the SPDR S&P 500 ETF (NYSEMKT: SPY), Vanguard Total Stock Market ETF (NYSEMKT: VTI), and Vanguard Total World Stock ETF (NYSEMKT: VT). Respectively, they'll spread your dollars across 80% of the U.S. market, all of the U.S. market, or most of the world's stock market. You might dollar-cost average into them over time, investing a certain chunk of money at regular intervals. The table below shows what you might reap over time, if you average 8% returns annually:
| Growing at 8% for | $5,000 Invested Annually | $10,000 Invested Annually | $15,000 Invested Annually |
|---|---|---|---|
| 5 years | $31,680 | $63,359 | $95,039 |
| 10 years | $78,227 | $156,455 | $234,682 |
| 15 years | $146,621 | $293,243 | $439,864 |
| 20 years | $247,115 | $494,229 | $741,344 |
| 25 years | $394,772 | $789,544 | $1.2 million |
| 30 years | $611,729 | $1.2 million | $1.8 million |
Whether you act on one, two, or all three of these long-term investments, you'll likely be very happy you did, years from now. See which ones -- and their payoffs -- appeal to you.
10 stocks we like better than Walmart
When our award-winning analyst team has an investing tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now... and Walmart wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Stock Advisor returns as of 2/14/21
Selena Maranjian has no position in any of the stocks mentioned. The Motley Fool owns and recommends Vanguard Total Stock Market ETF. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.