4 Simple ETFs Worth Buying and Holding for a Lifetime
Why complicate your portfolio with dozens of holdings? These four ETFs can do the heavy lifting for a lifetime.
Overview
I've spent years researching stocks, reading earnings transcripts, and building spreadsheets that would make an accountant weep. My conclusion after all of that? Most people can skip the detailed stock-picking work and do just fine with four boring ETFs. And these funds should be helpful to active stock pickers, too.
Exchange-traded funds (ETFs) offer three structural advantages that compound over time.
Details
That's still not the whole story. Diversification happens automatically; no spreadsheet required. Individual investors benefit from the hard work of index managers and fund sponsors. And don't forget the psychological advantage. Owning a broad ETF removes the temptation to tinker. There's no concern about "maybe I should sell this one stock" because there are no single stocks to obsess over.
Source
Originally published at www.fool.com.