One investing misconception is that you need to find the next big thing or become the next Warren Buffett to make a lot of money in the stock market. That couldn't be further from the truth. Building wealth in the stock market can be as simple as routinely investing in a quality ETF and letting time and compound earnings do the heavy lifting. With the hundreds of ETFs to choose from, one that stands out as a virtual no-effort, no-brainer option is the Vanguard S&P 500 ETF (NYSEMKT: VOO). It's one of the ultimate set-it-and-forget-it investments, checking a lot of boxes at once and letting investors stay hands-off. Image source: Getty Images.
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