An ETF is a fund made up of different securities. ETFs provide an efficient, low-cost way to diversify a portfolio. Investors can have exposure to the stock market, a specific industry, or even an investment style. ETFs come in a variety of styles including stocks, bonds, commodities, and currencies. For example if an investor wanted exposure to gold they do not have to buy gold bars. Instead they could buy the iShares Gold Trust ETF (IAU).
For most savers today, the 401(k) plan is the primary retirement vehicle. These plans often come with an overwhelming number of choices and limited guidance. The Four Peaks Wealth Management (FPWM) portfolio consulting plan is designed to help you make the right choices to accomplish your retirement goals.