FTEC - Investing in Your 20s: 3 ETFs to Watch
There are many good things about being in your 20s, and one of them is that you have a long time horizon until retirement. That means you have time on your side, giving you the ability to withstand short-term market fluctuations to attain long-term returns. That, in turn, means you can be more aggressive with your investments, as growth stocks have generally outperformed value stocks over time.
Exchange-traded funds, or ETFs, are baskets of stocks pooled together in a single fund that is traded on major stock exchanges. Each share represents a stake in the ETF's total assets, and they generally track to a benchmark or sector. They offer lower expense ratios than a typical actively managed mutual fund, too. Bottom line: ETFs are a great way to invest in growth stocks. Here are 3 of the best ETFs for investors in their 20s.
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