If you could make only one investment, which exchange traded fund (ETF) would it be? Shannon Zimmerman for The Motley Fool likes "to cheat" by picking one investment that holds many other investments (such as mutual funds and ETFs), rather than picking one stock. SPDRs (SPY) is an excellent example, as it is a low-cost ETF that tracks the S&P 500.
If value is more important to you, then iShares Russell 1000 Value (IWD) might work best. Its top holdings include Capital One (COF) and Valero Energy (VLO). Or, if growth is your game, one option is the iShares Russell 1000 Growth (IWF). Its top holdings include Gilead Sciences (GILD) and Genetech (DNA).
Lucky for us, this is just a hypothetical scenario and not reality. Literally hundreds of different ETFs exist, so why not diversify your portfolio with an ETF smorgasbord?
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.