If you're just starting out with investing and aren't sure which shares to buy, then you could consider exchange traded funds (ETFs).
ETFs could be a good option as they provide investors with an easy way to invest their money in a large number of shares through a single investment.
This means that you can create a diverse portfolio with relative ease and, importantly, you're not putting all your eggs in one basket.
But which ETFs would be top options for beginners? Two that could be worth considering are listed below:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ETF that could be a top option for beginners is the BetaShares NASDAQ 100 ETF. This ETF provides investors with access to 100 of the largest non-financial companies listed on the famous exchange.
This means you'll be buying many of the highest quality and best-known companies in the world such as Google parent Alphabet, Amazon, Apple, Meta (Facebook), Microsoft, Netflix, Nvidia, and Tesla.
BetaShares believes it could be a good option for investors seeking exposure to the technology sector. Particularly given that this high-growth potential sector is under-represented on the Australian share market.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another option for beginner investors to consider is the VanEck Vectors Morningstar Wide Moat ETF. If you're a fan of Warren Buffett and his investment style, then this ETF could be for you.
This Warren Buffett-inspired ETF gives investors access to a group of fairly valued companies that have sustainable competitive advantages or moats.
Fair prices and moats are two qualities that Buffett looks for when finding his investments and these companies tick those boxes.
The fund is currently invested across ~50 shares including the likes of Adobe, Alphabet, Boeing, Kellogg Co, and Walt Disney.