exchange traded fund

In search of a well-balanced diversified portfolio, you could spend every spare minute combing through financial statements before you bought a single share of a company's stock. Or, you could take a shortcut and buy ETFs. Though not a magic bullet, they're a huge time and effort saver. Here are five ETFs that will make your investing a lot easier.

Portfolios made up entirely of exchange-traded funds have appeal. ETFs often have lower expenses than mutual funds, bring certain tax benefits, and trade throughout the day. But investors need to make sure they are properly diversified if they go they all-ETF route.