Exchange Traded Funds (ETFs) provide a versatile investment option for people of diverse risk profiles. They facilitate low-cost diversification, appealing to both passive and aggressive investors. The article highlights three specific ETFs ideal for retirement planning, especially for individuals nearing that milestone. Notably, the Vanguard Total Stock Market Index ETF (VTI) is recommended for those seeking a broad market exposure with minimal costs, thereby allowing investors to balance their risk with a solid investment base while potentially adding individual stocks over time.
Investors of all risk profiles and ages can benefit from having some exposure to exchange traded funds in their portfolios.
For those looking to do so at the lowest cost possible and hone in on sectors...here are the three ETFs I'd start with first.
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