5 Simple ETFs to Buy With $500 and Hold for a Lifetime
Even if you have only a modest amount of money to invest, any one of these funds provides the diversified, broad market coverage to serve as the core of your portfolio.
5 Simple ETFs to Buy With $500 and Hold for a Lifetime
Overview
There's a misconception that people need thousands and thousands of dollars before they can start investing. But in today's world, brokerage accounts can be opened with no initial deposit required, and you can start by buying just one share. That means in many cases your investing journey can start with less than the cost of a DoorDash delivery!
Whether you're looking to get started or add to an existing portfolio, ultra-low-cost index ETFs are usually the best choice. Many of these give you broad market coverage and make for great core long-term portfolio holdings.
Details
Here are five of my favorites that combine low fees, diversification, smart index construction, and solid long-term track records.
Source
Originally published at www.fool.com.
