If you're new to investing and aren't sure which ASX shares to buy, then you could consider exchange traded funds (ETFs) instead.
ETFs provide an easy way to invest in a large number of shares through a single investment, allowing investors to create a diverse portfolio with relative ease.
But which ETFs would be top options for beginners in 2023? Two that could be worth considering are listed below:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ETF that could be a great 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 the famous NASDAQ exchange.
Among the high quality shares that you'll be buying a slice of are global giants such as Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Netflix, Nvidia, and Tesla. BetaShares highlights that this provides investors with access to a high-growth potential sector that is under-represented on the Australian share market.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ETF that could be a great option for beginner investors is the VanEck Vectors Morningstar Wide Moat ETF.
This ETF could be particularly good if you're a fan of Warren Buffett and want to follow his investment style.
That's because this Buffett-inspired ETF gives investors access to a group of fairly valued companies that have sustainable competitive advantages (or moats). These are qualities that Buffett looks for when identifying investments.
There are approximately 50 shares included in the index at any given time. At present, this includes the likes of Adobe, Alphabet, Etsy, Kellogg Co, Salesforce, and Walt Disney.
