If you're looking for an easy way to invest, then exchange traded funds (ETFs) could be the answer.
The reason for this is that ETFs allow you to invest in a large group of shares through a single investment.
If that sounds good to you, then you may want to take a look at the two ETFs listed below that could be top options in January:
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Vanguard Australian Shares High Yield ETF (ASX: VHY)
The first ETF for investors to look at is the Vanguard Australian Shares High Yield ETF. It could be a top option for anyone looking for a source of income in 2023.
That's because this ETF provides investors with exposure to ASX-listed shares that have higher than average forecast dividends.
But rather than just loading up on banks or miners, which traditionally pay some of the biggest dividends on the Australian share market, the ETF restricts the proportion invested in any one industry to 40%. This means that income investors are holding a diverse collection of dividend shares.
Among the shares included in the fund are giants Rio Tinto Ltd (ASX: RIO), Telstra Corporation Ltd (ASX: TLS), and Westpac Banking Corp (ASX: WBC).
The Vanguard Australian Shares High Yield ETF currently trades with an estimated forward dividend yield of 5.4%.
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Another ETF for investors to consider next month is the Vanguard US Total Market Shares Index ETF.
If you're wanting to invest in US giants like Amazon and Apple, this ETF could be the one for you. That's because this ETF provides investors with exposure to a massive 4,000 US listed shares.
Vanguard highlights that this allows investors to participate in the long-term growth potential of US listed companies. It also sees it as a top option for investors seeking international diversification.
As well as Amazon and Apple, you'll be buying a slice of iconic US companies such as Boeing, JP Morgan, Starbucks, and Walmart.
