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Index funds are great tools for long-term investors. A single ticker can add instant diversification to dozens, hundreds, or even thousands of stocks. It can also pinpoint a specific target sector or industry. The two strategies are equally valid and many portfolios have elements of both approaches.
Two exchange-traded funds (ETFs) stand out as especially strong investment ideas in early October 2024. One is a shining example of broad diversification while the other pinpoints a unique investment opportunity in the semiconductors industry. Let’s take a closer look at these top-notch ideas.
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