The one-minute solution is to select and simply keep investing, perhaps with each paycheck, in a single ETF that owns a diversified portfolio of 500 or 1000 stocks. This is a suggestion from the famous investor Warren Buffet, and can be simple yet effective for long-term investors. This may appeal to investors with no time or desire to monitor and rebalance their investments, people with a strong preference for growth and tolerance for equity market ups and downs, and those who prefer not to pay fees for portfolio advice. This approach would historically have generated positive long-term returns, although with some periods of significant decline. Investors who begin with this approach may eventually want to develop a more diversified portfolio to reduce risk.
ETFs that own diversified portfolios of U.S. large cap stocks can be accessed in the Beanstox Trade App.
|U.S. Large Cap ETFs||SPY, IVV and more|
|U.S. Growth ETFs||IWF, VUG and more|
|U.S. Value ETFs||VTV, IWD and more|
|U.S. Dividend ETFs||VIG, VYM and more|
Click the “Stocks” icon.
Choose one ticker at a time or invest in all by clicking “Add all to cart”.
Once complete, click the “Cart” icon
Enter the amount that you wish to invest.
NOTE: By default, the stocks or ETFs in a selected cart will be weighted equally. If you would like to change the percentage allocated to each ticker, simply click on the ticker and enter the target allocation.
Click, “Proceed to checkout”, review your order, then click, “Checkout”.