These long-term ETFs offer diversification and a low-maintenance strategy.
In 2022, it can be hard to keep up with all the volatility in individual stocks. Thankfully, a lot of research shows that “active management” that involves trading in and out of positions frequently can often cause more harm than good. In fact, about 60% of active managers underperformed the S&P 500 benchmark in 2020, marking the 11th consecutive year of lagging the popular large-cap index. While the final numbers for 2021 aren’t in yet, it is likely the results are similar for 2021, too. So why depend on complicated strategies that involve extra work and extra fees?
The following seven exchange-traded funds all offer diversified, long-term approaches to investing that allow you to think in terms of years or decades instead of days or months. Here are the seven best long-term ETFs to buy.
The post 7 Best Cheap Stocks to Buy Under $10 originally appeared at U.S. News & World Report.