A Simple 4 ETF Portfolio Strategy

A Simple 4 ETF Portfolio Strategy

Here's a simple ETF portfolio using just 4 ETFs offering ultra-low fees; they offer strong diversification and flexibility that would be appropriate for many retirees, notes David Dierking, editor of TheStreet's ETF Focus.

With more than 2000 different ETFs to choose from currently, retirees can position their portfolio in almost any way they want by targeting or overweighting just about any region, sector, theme or strategy they can imagine. One thing the ETF industry does perhaps the best is exactly the opposite of variety - simplicity.

If you want a widely diversified portfolio that hits on all the major asset classes, ETFs can do it. Better yet, you can have this kind of core portfolio for a cost of next to nothing. According to ETF Action,  there are currently more than 70 different ETFs that charge 0.05% or less annually.