3 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
These three broadly diversified, low-cost ETFs are the easiest way to build long-term wealth.
3 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
Overview
How much can a thousand dollars grow over time? You might be surprised. If invested in an exchange-traded fund (ETF) with a low expense ratio and held for decades, it can turn into quite a lot.
With that much time to work with, two things become critical to consider:
Details
If that sounds simple, it actually is. The ETF marketplace offers dozens of funds that offer access to hundreds if not thousands of companies with fees that could be less than a cup of coffee. That's how you create long-term wealth without overthinking it.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
