One of the most important things to remember with investing is that you don't need to make things complicated. Simple investing could actually be the best way to go.
Exchange-traded funds (ETFs) could be the best way to get exposure to the wealth-building share market in a simple way.
ETFs allow you to buy a basket of shares with just one investment, it just depends what the index is.
Here are two ETFs that are easy to buy and could power your wealth higher:
Vanguard FTSE Asia Ex Japan Shares Index ETF (ASX: VAE)
This is my favourite ETF at the moment. This is the ETF to choose if you want to invest broadly across Asian shares. It offers excellent diversification due to the fact it had 851 holdings at the end of February 2019.
The best of the Asian businesses in this ETF, like Tencent, Alibaba, Samsung and Taiwan Semiconductor Manufacturing, are trading much cheaper than the big businesses that are listed in the US like the FAANG shares.
Despite the volatility over the past year, the ETF has delivered average returns per annum of 14.4% over the past three years.
The Vanguard Asian ETF has a price/earnings ratio of 12.3x, a return on equity ratio of 15.8% and an earnings growth rate of 11.9%, I think it looks good value at today's price.
Betashares Global Cybersecurity ETF (ASX: HACK)
There is a rising amount of cyber attacks on organisations in recent years. Both US and Australian political parties have been targeted in recent years.
I think there could be a growing opportunity for the world's largest cybersecurity businesses such as Palo Alto, Splunk, Fortinet, Cisco and Raytheon to produce market-beating earnings growth compared to the rest of the market over the long-term.
It has a reasonably high annual management fee of 0.57% per annum, but since inception in August 2016 it has produced average returns per annum of 19.7%.
Foolish Takeaway
I believe at the current prices the Vanguard Asian ETF could be a very appealing buy-and-hold-forever investment because of how cheap it appears to be. I want to buy more for my portfolio over the next couple of months.
