If you're a beginner investor and not overly keen on stock picking right now, then you could consider buying some exchange traded funds (ETFs) instead.
As these funds allow you to invest in a large number of shares in one fell swoop, it means you can effectively build a diversified portfolio instantly without having to break the bank.
But which ASX ETFs could be good options for beginners?
Listed below are three high quality option to consider buying. They are as follows:
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BetaShares NASDAQ 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be a great option for beginners. This hugely popular fund gives investors access to the 100 largest non-financial shares on the famous NASDAQ exchange on Wall Street. These are the absolute titans of our time and include giants such as Alphabet, Amazon, Apple, Meta, Microsoft, and Tesla.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another great option for beginner investors could be the VanEck Vectors Morningstar Wide Moat ETF. This ETF gives investors exposure to the type of companies that Warren Buffett would buy. These are companies with sustainable competitive advantages and fair valuations. And given Buffett's market-beating record over many decades, it could pay to follow his investment style.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF for beginner investors to consider buying is the Vanguard MSCI Index International Shares ETF. It allows investors to buy a slice of a whopping ~1,500 of the world's largest listed companies from major developed countries. Vanguard notes that this allows them to participate in the long-term growth potential of international economies.
