I am interested in setting up a portfolio consisting mostly of ETFs. I have had a go at buying shares in companies but have realized I will have to do a lot of research which I donít have time for at the moment. This is why I think ETFs will be a better option.
I have around 40k to be invested. The funds are currently sitting in a bank account earning 3.8% interest. I initially saved this money for my first home deposit but I have recently gone back to university so I wont be doing that for a few years.
My question is what do I look for when choosing what ETFs to invest in? Is there a system that I should use based on risk?
I am only new to the stock market although I am currently studying a commerce degree so I expect to learn more about it.