5 Simple ETFs to Buy With $500 and Hold for a Lifetime
One of the best ways for both new and experienced investors to invest is through exchange-traded funds (ETFs). These funds provide instant diversification and don't require you to pour a ton of time into research.ETFs are also one of the best ways to implement a dollar-cost averaging strategy. This is a strategy where you would buy a set amount of shares of an ETF on a regular, consistent basis, regardless of its current performance. It's a proven strategy that can help you build wealth over time. So while $500 is a good starting point to invest, the key is to consistently add to that amount over time.Let's look a five simple ETFs that are perfect for implementing this strategy.Continue reading
One of the best ways for both new and experienced investors to invest is through exchange-traded funds (ETFs). These funds provide instant diversification and don't require you to pour a ton of time into research.
ETFs are also one of the best ways to implement a dollar-cost averaging strategy. This is a strategy where you would buy a set amount of shares of an ETF on a regular, consistent basis, regardless of its current performance. It's a proven strategy that can help you build wealth over time. So while $500 is a good starting point to invest, the key is to consistently add to that amount over time.
Let's look a five simple ETFs that are perfect for implementing this strategy.
