If you're looking for an easy way to invest your hard-earned money next week, then exchange-traded funds (ETFs) could be worth considering.
That's because ETFs allow you to invest in a large group of shares through a single investment. This makes it a great way to diversify your portfolio with relative ease.
If that sounds good to you, then you might want to take a look at the two ASX ETFs listed below. Here's what you need to know about them:
Image source: Getty Images
Vanguard Australian Shares Index ETF (ASX: VAS)
The first ASX ETF for investors to consider buying is the Vanguard Australian Shares Index ETF.
It is a low-cost, diversified, index-based exchange-traded fund that aims to track the ASX 300 index. This index is home to 300 of the largest Australian companies measured by market capitalisation.
This means you'll be buying a diverse group of shares such as footwear retailer Accent Group Ltd (ASX: AX1), mining giant BHP Group Ltd (ASX: BHP), and banks like Commonwealth Bank of Australia (ASX: CBA) and Macquarie Group Ltd (ASX: MQG).
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Another ASX ETF that could be a top option for investors next week is the Vanguard US Total Market Shares Index ETF.
This ETF allows investors to buy a slice of a whopping ~4,000 US-listed shares of all shapes and sizes in one fell swoop.
Vanguard highlights that this allows investors to participate in the long-term growth potential of the US economy and its listed companies. This could make it a good option if your portfolio currently only has exposure to Australia.
As well as tech giants such as Amazon, Apple, and Microsoft, you will be buying into iconic US companies such as Bank of America, Boeing, Coca-Cola, Home Depot, JP Morgan, Mcdonald's, Starbucks, Tesla, and Walmart.
