Keeping It Simple with ETF Investments
Far too many investors (and their advisers or brokers) do not need the typical complexity or churning of investments that I often see in investor’s statements. These investments are often costly or complicated with limited added value. The six UTMA accounts Cindie and I set up for our grandchildren provide an excellent example. I will keep this post simple too. There won’t be a lot of words. However, here is my thinking when I bought these investments for our three granddaughters and three grandsons…
Keeping It Simple Six Themes
1) Always have diversity in the investment mix; 2) When possible, pick investments with low expense ratios; 3) Consider dividend growth investments like VYM, DGRO and DVY; 4) Focus on some sectors that you think will be long-term winners (like health care and technology); 5) International investments may help round out a portfolio; 6) Be opportunistic (when MAIN dropped in price due to COVID-19, I bought shares for the accounts.)
Keep it simple. You don’t get extra points for making it complex.