We in the financial media talk a lot about stocks, as there is a lot of interest in stocks, but it is worth remembering that most serious, long-term investors have the bulk of their money in funds. Due to the convenience of investing in exchange traded funds, or ETFs, as well as the enormous range of ETFs available today, there is little reason to look backwards toward the old style of mutual funds. It occurs to me that some young investors may not even know what I’m talking about, and frankly, there’s no reason why they should.
Here are a few ETFs which I would describe as serious, in that each would be a sensible place to park a portion of your real wealth. The broadest based could reasonably hold a quarter of your overall portfolio, though I wouldn’t put more than 15% of your portfolio into sector funds. In all cases, these are not funds for surfing, but funds to park money in and leave it alone for many years at a time.
As always, remember to treat these ideas as just that, ideas, and do your own research before investing.