How I'd Invest $20,000 Today if I Had to Start From Scratch
One of the key pillars of investing is diversification. You should aim for companies of different sizes, industries, and locations. Achieving this type of diversification by investing in individual companies is no easy feat, though. The time it'd take to research all those companies effectively is a big enough deterrent for many investors, including myself.
That's why I'd lean on a few broad exchange-traded funds (ETFs) -- which are funds that contain other stocks and bonds -- to achieve diversification if I could start from scratch. With these four ETFs, achieving a well-diversified portfolio and setting a good investing foundation is possible.
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Source Fool.com
