3 ETFs to Keep You Invested After Retirement
Exchange-traded funds (ETFs) offer retirees broad diversification, income, growth, and relatively small expenses, particularly compared with their mutual fund brethren. Our investors have chosen three ETFs that they think would make ideal holdings for retirement. mainstay Standard & Poor's Depository Receipts ETF (NYSEMKT: SPY), Vanguard Total Stock Market (NYSEMKT: VTI), and Invesco's PowerShares S&P 500 High Dividend Low Volatility Portfolio (NYSEMKT: SPHD).
Let's take a closer look.
Rich Duprey (Standard & Poor's Depository Receipts ETF): The ETF that started it all, the Standard & Poor's Depository Receipts ETF -- better known by its abbreviation, SPDR -- tracks the S&P 500 market index, changing out its component stocks whenever the index itself elevates or demotes a stock, or if a company gets bought out or goes bankrupt. Its success and popularity over the years since its inception in 1993 eventually spawned a whole raft of ETFs that are now called SPDRs. But investors would be hard-pressed to find a better one than the original.
Source: Fool.com
