Dan Malone

Like, it's not like you don't have to be fully, fully committed, but the ethos should be that if you're going to subscribe to this, you kind of have to be saying, right, this is going to become part of my life and I'm going to.

buy with the intention of holding for many years to kind of support you in retirement in addition to your pension.

And provided that that does align with what they want to do with their money, then the next step is to find an ETF to invest in.

And

when it comes to researching ETFs, there's kind of two strategies.

The simplest strategy is to just pick what's called an all-world ETF.

And what an all-world ETF is, you'll remember those indexes we were talking about earlier that measure different parts of the stock market.

Well, an all-world or global ETF will track an index that measures the entire stock market or what could be seen to be a good proxy for the entire stock market.

So

For example, like the Vanguard All World ETF that tracks a particular index.

And you'll have stocks from America, Europe, the emerging markets, Asia, all that kind of stuff.

That's the simplest approach.

So you just own everything and then just... I like the sound of that.

And what's beautiful about it is that there's very little ongoing research or time commitment needed.

As I said, you just kind of have to make sure you're looking at the right product and that the expense ratio is good.

But beyond that, it's kind of plug and play.

If you want a bit more control and flexibility over your investments and where your money is actually allocated, you can go out and buy individual ETFs that are specific to a certain region.

So you could have like one S&P 500 ETF to get for your North American stocks.

You could have one Europe ETF that solely looks at European stocks.

And then you could have one emerging markets ETF that solely looks at companies in the emerging markets.