VTSAX (Vanguard Total Stock Market Index Fund)

VTSAX (Vanguard Total Stock Market Index Fund) is an investment fund that aims to replicate the performance of the entire U.S. stock market. It achieves this by investing in a broad mix of thousands of U.S. companies, from large corporations to small startups. This diversification helps reduce risk and aims to provide steady, long-term growth. VTSAX is a low-cost, passively managed fund, meaning it seeks to mirror the market's overall performance rather than trying to beat it. It's suitable for investors seeking a straightforward way to gain exposure to the U.S. stock market.