5 ETFs Perfect to Grow Your IRA
When it comes to long-term investing aimed at growing your account balances over time, there is no reason to overcomplicate things with expensive sector bets or speculative SPAC positions. While the final decision as to how to deploy your money is ultimately up to you, it's best to consider funds that tilt the odds in your favor of success in the long run. These funds share common characteristics: They're low-cost, broadly diversified, actively traded, require little or no maintenance, and they tend to be easy to understand. In this article, we'll look at five exchange traded funds (ETFs) poised to grow your retirement account.
The Vanguard Total World Stock ETF (NYSEMKT: VT) offers global exposure to the world's top companies. If you wanted to hold this fund -- and this fund only -- from your early 20s until retirement, there would be a good case for doing so. It's quite inexpensive with an expense ratio of 0.08%, provides exposure to a weighted average of the world's economy, and requires no manual maintenance or rebalancing whatsoever.
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Source Fool.com
