Reaching millionaire status by investing in the stock market is an attainable goal, but you'll need the right investments.

If you're looking for a low-maintenance investment that does most of the work for you, an exchange-traded fund (ETF) may be the right fit for your portfolio.

Each ETF contains dozens or even hundreds of stocks, all bundled together into a single investment. This not only takes most of the guesswork out of choosing where to buy, but it also limits your risk by creating an instantly diversified portfolio.

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Source Fool.com