If you're new to investing and aren't overly keen on stock picking, then you could consider exchange-traded funds (ETFs) instead.
That's because ETFs provide investors with an easy way to gain exposure to a large number of shares through a single investment. This allows you to create a diverse portfolio with relative ease.
But which ASX ETFs could be top options for beginners? Three that could be worth considering are listed below:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ASX ETF that could be a good option for beginners is the BetaShares NASDAQ 100 ETF.
This hugely popular ETF provides investors with access to 100 of the largest (non-financial) companies listed on the famous NASDAQ exchange. Among the companies you will be owning a slice of are the Magnificent Seven: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF for beginners to look at is the VanEck Vectors Morningstar Wide Moat ETF.
This Warren 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. And given the Oracle of Omaha's record over many moons, it won't do you any harm following in his footsteps.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF for beginner investors to consider is the Vanguard MSCI Index International Shares ETF.
This ETF gives investors easy exposure to approximately 1,500 of the world's largest listed companies from major developed countries. Vanguard notes that this means investors can have low-cost access to a broadly diversified range of stocks that allow them to participate in the long-term growth potential of international economies. Among its holdings are household names such as Apple, Johnson & Johnson, Nestle, Procter & Gamble, and Visa.
