3 Supercharged ETFs to Buy Hand Over Fist Ahead of 2024
Exchange-traded funds, or ETFs, are the fastest-growing investment products in the world. The reason for their rising popularity is simple: ETFs provide an easy and cost-effective way to gain exposure to certain themes or segments of the market. Although these investing vehicles rarely deliver explosive gains like some stocks, they are inherently less risky because of their diversification factor. Investors, in turn, can rest easy owning a handful of ETFs.
How can you make the most of ETF investing? The answer to this question will ultimately depend on your personal financial goals and investing style. But one proven and straightforward strategy is to own a basket of ETFs that provide exposure to the main areas of value creation in the market. More specifically, you can buy three funds that cover large-cap, mid-cap, and small-cap stocks. Combining these three funds with a handful of low-risk bond funds should deliver returns either on par or superior to the broader market over the long term.
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Source Fool.com
