This ETF Could Help Grow Your Retirement Account
Many investors are taking this period of market upheaval and uncertainty to reassess their investment portfolios. Some see this as a time to get more aggressive in their allocations, while others are more risk-averse, given the uncertainty in the markets. As with any market environment, a solid portfolio incorporates a variety of investment strategies.
A great way to get that diversification is through an exchange-traded fund, or ETF. An ETF is a basket of stocks pooled together in a single fund that's traded on major stock exchanges. Each share represents a stake in the total assets of the ETF. The basket of investments generally tracks a benchmark or index with the goal of matching its returns and risk profile. Thus, most are passively managed.
Since they were introduced in 1993, ETFs had amassed more than $4 trillion in assets by the end of 2019. One of the largest ETFs is the Vanguard Total Stock Market ETF (VTI). If you are looking for a great ETF to add to your portfolio, you could do a lot worse than this one.
Source Fool.com
