If you're just starting your investment journey and aren't sure which ASX shares to buy, then you could consider exchange traded funds (ETFs) instead.
ETFs provide investors with an easy way to invest because they allow you to buy large groups of shares through just a single investment.
But which ETFs would be good for beginners? Two to consider are listed below. Here's what you need to know about these top ETFs:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ETF that could be a good option for beginners is the BetaShares NASDAQ 100 ETF. This ETF provides investors with access to 100 of the largest non-financial companies listed on Wall Street's famous exchange.
These 100 stocks are some of the biggest and best companies in the world and household names such as Google parent Alphabet, Amazon, Apple, Meta (Facebook), Microsoft, Netflix, Nvidia, Starbucks, and Tesla.
It has been a very difficult year for the NDQ ETF and its units are down materially. However, due to the quality in the ETF, the long term remains very positive. This could make it a great time to be snapping up this hugely popular ETF.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ETF that could be a great investment option for beginners is the VanEck Vectors Morningstar Wide Moat ETF.
If you're a fan of legendary investor Warren Buffett, then this ETF could be for you. This Buffett-inspired ETF gives investors access to a group of companies that have sustainable competitive advantages or moats.
Moats are a characteristic that Buffett looks for when he's finding his investments. And given his track record over many decades, it's hard to argue against this strategy.
The fund is currently invested across ~50 attractively priced shares boasting these qualities. This includes the likes of Adobe, Alphabet, Intel, Kellogg Co, and Walt Disney.
