Investors will struggle to find a better arena for building wealth than the stock market. Over the past 30 years, the S&P 500 (SNPINDEX: ^GSPC) has generated a total return of 1,760% at recent prices. A $10,000 investment at that time would be worth more than $186,000 today. Newcomers might easily be intimidated at first. You might assume you need expert skills and a lot of time to get started, especially if you're trying to navigate the endless amount of data out there and process the constant stream of headlines. It also doesn't help that there are thousands of stocks to pick from. This is where exchange-traded funds (ETFs) add tremendous value, particularly if you're a beginner. ETFs are baskets of stocks that track various indexes, sectors, countries, or investing styles. You can buy and sell them just like a stock. And the beauty is that they don't require massive sums of capital to own, either.
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