The Ultimate Growth ETFs to Buy With $1,000 Right Now

The market is being carried on the back of growth stocks, and artificial intelligence (AI) has become the story everyone wants a piece of these days. While it's tempting to buy individual AI stocks like Nvidia, perhaps the better strategy for many investors is to invest in the trend through a growth-oriented exchange-traded fund (ETF), especially if you're just starting out.Growth ETFs can give you a collection of the companies at the center of AI innovation. This lets you ride the wave without having to pick individual winners. Even if you have $1,000 or less to put to work, I'd recommend ETFs over individual stocks, as they give you an instant portfolio.However, starting with $1,000 and just letting it sit is not going to build wealth. The key is to consistently invest through dollar-cost averaging and let compounding do its magic. Since ETFs are portfolios of stocks, they are a much easier way to implement this strategy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool