3 ETFs That Are All You Need for Retirement
If you're just not into keeping tabs on a bunch of stocks but still want to build a nice retirement nest egg, you've got options. Exchange-traded funds, or ETFs, are baskets of equities usually chosen based on a theme or category that offer all the long-term upside of the stock market, but without all the usual ups and downs of trading individual stocks. The trick is simply figuring out which ETFs are your best buy-and-hold options.
Here's a look at three of your best ETF bets for a retirement portfolio.
It's a pick that's so predictable it's almost become cliche. But, there's a reason the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) continues to top lists of suggested retirement investments. That is, the broad market itself offers highly reliable, solid long-term returns. In this case, the S&P 500 averages gains of about 10% per year.
Source Fool.com
