3 ETFs Perfect for Robinhood Investors
The world can't stop gawking about what Robinhood users are investing in. While some users walk on the risky side -- be it by scooping up troubled stocks like Hertz and Nokia, or day trading -- what gets ignored is all the boring investing that's happening on Robinhood. Its top 100 stocks currently include tried-and-true blue chips like Visa, Johnson and Johnson, and Walmart, to name a few.
Fortunately, there's a middle ground for all the Robinhood investors out there seeking high growth who want to mitigate the risks. By investing in ETFs, or exchange-traded funds, you can invest in hundreds or thousands of stocks that have the potential to soar. Buying a single share gives you instant diversification so you can avoid the risk of having too much invested in a handful of individual stocks.
These three ETFs are perfect for Robinhood investors because they offer aggressive growth potential. In fact, some of their top holdings are among Robinhood's most popular stocks. A bonus: The management fees are low, which will no doubt appeal to users of the commission-free platform.
Source Fool.com
