ETF investment strategies for long-term wealth building

Investors seeking long-term growth may consider diversifying through exchange-traded funds (ETFs) to manage risk and minimize costs. One strategy involves splitting a $10,000 investment across five specific ETFs, including the Vanguard S&P 500 ETF (VOO), Schwab U.S. Dividend Equity ETF (SCHD), First Trust Nasdaq Semiconductor ETF (FTXL), Vanguard Total International Stock Index Fund ETF (VXUS), and Vanguard Total Bond Market Index Fund ETF (BND).

Another approach focuses on simplicity by utilizing only two ASX-listed ETFs. This method suggests pairing the Vanguard Australian Shares Index ETF (VAS), which provides exposure to approximately 300 Australian companies, with the Vanguard MSCI Index International Shares ETF (VGS) to capture growth from roughly 1,300 companies across developed international markets.