Start investing with Exchange Traded Funds

12 Exchange Traded Funds that cover various sectorsPhoto by Nathan Dumlao on UnsplashDisclaimer: The content in this article seeks to provide more information, is solely my opinions, and does not constitute financial advice. Please do your own due diligence and understand that financial transactions carry risks. Information such as index components and prices (among others) are based on information available in June 2021.I started to write this article because I’ve been receiving questions from friends regarding investments in Exchange Traded Funds (ETFs). A basic explanation of ETFs and other common financial products can be found here.Here is the main question which I try to provide possible answers to:What are some ETFs I can invest in?ETFs offer some advantages which are great for investors still trying to grasp how the markets work in general. Here are just some of the benefits:You don’t have to individually invest in all of the component stocks while gaining exposure to an index or an industry sectorETFs are diversified in nature (benefits of diversification can be found here)Tradeable over most broker platforms throughout the dayFor these reasons, I will present some building blocks for a diversified ETF portfolio: The Sector Select SPDRs.SPDR stands for Standard and Poor’s Depository Receipt and is a trademark of the S&P Global. SPDR funds are ETFs that are managed by State Street Global Advisors (a large asset manager).These are 11 ETFs that follow the Global Industry Classification Standard of the S&P 500. The stocks held by these ETFs are mostly US companies, so purchasing them would also give you some exposure to the US economy.In layman: The 11 ETFs split the S&P 500 into 11 different groups of companies based on different industries (eg. Energy, Financials, Information Technology etc.)Here is a rundown of the 11 Sector Select SPDR ETFs. I’ll provide…