"AskTony" column archive

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Investing in health care

originally posted: 11/22/2006 reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email asktony@tonynovak.com.

Q: I read that the total U.S. spending on health care will more than double over the next ten years. What is the best way to cash in on this trend as an investor in my IRA with limited funds and without a lot of investing experience?

A: The easiest and cheapest way is to invest in a fund that owns the stocks of the healthcare companies that are included the 500 largest companies in the U.S. The exchange-traded fund that trades under the symbol "XLV" is perfect for this purpose. You can invest with any amount and the fees at 0.25% annually are far less than an average most mutual fund. Due to the fundamental growth trend you mentioned, it is reasonable to expect this sector to outperform the overall investment market over the next several years. More details on opening an account are available at www.IRArolloveradviser.com .

Summary

More resources:

http://www.IRArolloveradviser.com