4 Growth ETFs (Exchange Traded Funds) For Getting Rich

ETF investing is a smart way to build retirement wealth.

I have 4 growth ETFs for getting rich, and I want to share them with you.

Keep in mind that these are volatile investments. Thus, you would not want to put all of your money into them.

ETFs make up 5-10% of my investment portfolio. In the short-term, I know there will be a lot of volatility.

However, over the long-term, I like these investments. I believe that there is massive value in investing in them.

If you're ready to discover what their long-term growth potential is, keep reading!

Watch the video below:

(Click here to watch on YouTube)

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ETF investing is an easy and affordable way to invest.

You can achieve long-term wealth with exchange-traded funds (ETFs). However, the top 4 growth ETFs that I am going to share with you today are high-risk and high-return. Thus, if you have a low-risk tolerance when it comes to investing, these types of funds might not be for you.

As a disclaimer, please know that I am not a registered investor, legal advisor, or broker. All of the investment advice that I give inside of this blog is based on the research I've done and the experiences I've had.

Before you make any investment decision, you must do your due diligence. With that being said, let's dive in!

1. Global X Autonomous & Electric Vehicles ETF (DRIV)

It's no secret that electric vehicles are a growing market. In particular, Tesla has performed incredibly well. This has been my top investment thus far because of their growth.

There are a lot of other upcoming electric vehicle companies that I want to invest in because I believe in the market, long-term. The net assets are $761 million, the yield is non-existent, but the expense ratio is higher at .68%.

With this ETF, you get exposure to top companies like Tesla, Plug Power Inc., NIO, Apple, and Microsoft to name a few.

2. Purpose Bitcoin ETF (BTCC-U.TO)

You can buy this ETF in Canadian or U.S. currency. For every dollar that you invest in this ETF, they give you $1 worth of Bitcoin. This ETF is currently available on the Toronto Stock Exchange. However, it's not yet approved for Bitcoin in the U.S.

Depending on what brokerage account you use, you may have to get approved to buy and trade this ETF outside of your country. I buy this ETF in U.S. currency.

Also, I buy Bitcoin and other cryptocurrencies on Coinbase. Unfortunately, a lot of crime happens with cryptocurrency, which is why I am more comfortable buying a Bitcoin ETF through my brokerage account.

More and more people are endorsing Bitcoin, but there's still speculation around the utility of it. I am bullish on Bitcoin.

For this reason, I always look at Bitcoin as my Vegas money. If I win, great! However, if I lose, I'm not that upset. Why? Because I knew that there was a risk of losing my money going into it.

3. Horizons Marijuana Life Sciences Index ETF (HMMJ-U.TO)

This ETF gives you exposure to the Cannabis market. Cannabis is an up-and-coming sector, but they still encounter a lot of hurdles. On top of that, the management of some of these companies is questionable.

Nonetheless, I'm bullish on Cannabis, long-term. It is legal in Canada, several states in the U.S., and parts of Europe. I believe that there will be increased acceptance and accessibility of Cannabis in other parts of the world in the future.

With this ETF, you're getting exposure to some of the biggest Cannabis companies in Canada and the U.S.

Keep in mind that while this ETF is traded on the Toronto Stock Exchange, you can also buy it in the US or Canadian currency. The net asset of this ETF is $392 million, the expense ratio is 0.75%, and the yield is 13%.

4. Horizons Psychedelic Stock Index ETF (PSYK.NE)

This ETF is investing in companies that are involved in psychedelic drugs. A lot of psychedelics are being used and studied for the treatment of mental health issues.

Psychedelics like ayahuasca, LSD, and medicinal mushrooms don't have the same addictive components that a lot of other drugs do because they don't elicit high dopamine responses.

Psychedelics have proven to have a lot of great benefits, some of which I've personally experienced. They alter peoples' consciousness, thereby giving them a meta-perspective to look at their struggles in a different way. I'm bullish on psychedelics.

I want to support the research that these companies are doing because I believe that it will be important in the future. Keep in mind that this ETF is only available in Canadian currency.

These top 4 growth ETFs have the potential to make you rich.

Yes, they are volatile and high risk, but I believe that they will have a high return in the future.

If you're a beginner investor and you want to deepen your understanding of the world of investing, I encourage you to check out these two YouTube videos that I published on my channel – How To Start Investing In Stocks and How To Open A Stock Brokerage Account.

The sooner that you put your money to work by investing it, the sooner that you can take advantage of the power of compounding. What is the next investment that you will make?

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