Money That Grow on Trees

Exchange-traded funds offer a convenient way to invest in sectors or niches that interest you. If you expect the timber industry to prosper over time as our planet's population continues to grow and build, and you like the prospects for paper, as well, the iShares S&P Global Timber & Forestry Index ETF (Nasdaq: WOOD) could save you a lot of trouble. Instead of trying to figure out which companies will perform best, you can use this ETF to invest in lots of them simultaneously.

With a low turnover rate of 21%, this fund isn't frantically and frequently rejiggering its holdings, as many funds do. Demand for forestry products isn't going away anytime soon. A well-chosen ETF can grant you instant diversification across any industry or group of companies -- and make investing in and profiting from it that much easier.

Source: Motley Fool

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