Experts say investors should also look beyond Corporate America to capture companies in other developed economies. One way to do that is through the iShares MSCI EAFE Index Fund.
This ETF invests in companies based in Europe, Australia and the Far East, such as Nestle (NSRGF), HSBC (HBC), BHP Billiton (BHP), and Toyota (TM).
"It's important to build up exposure to foreign multinationals in a long-term portfolio, especially for the diversification benefits through currency and geographic reach," said Morningstar ETF analyst Paul Justice.
Young people are all about keeping up with the latest trends, even when it comes to their investing strategies.
