Do you think investing your way to millions requires expert stock-picking skills? Think again. Sometimes the best investments are effortless. And therein lies the beauty of exchange-traded funds, or ETFs.

An ETF gives you an automatically diversified basket of investments that you buy and sell exactly as you would trade an individual stock. Because a single ETF spreads your money across many different investments, you don't face the risks that come with picking individual stocks. Keep reading to learn what it takes to retire a millionaire through ETFs alone.

Image source: Getty Images.

Continue reading

Source Fool.com