You can also consider investing to help grow your money to meet other financial goals. There are many great funds available to you. Invest in exchange-traded funds (ETFs) with the best long-term track record in the market. ETFs track major indices such as the Standard & Poor’s 500 index and the Nasdaq 100 index. They are also known as exchange-traded funds (ETFs) because they are traded on stock exchanges around the world.

ETFs are the single best way to invest in an array of asset classes and track the performance of the market as it changes (you could look here for more info). There are many great ETFs out there, like the SPDR S&P 500 ETF (NYSE: SPY) and iShares Russell 2000 ETF (NYSE: IWM).

The iShares Russell 2000 ETF offers exposure to the largest 500 publicly-traded companies in the United States. With its stable trading and low fees, the iShares Russell 2000 ETF has earned an average annual net asset return (NAR) of 2.22% over the past 5 years. Unlike many other ETFs, ETFs give you total exposure to stocks and are not taxed until you sell your shares.

Stocks that offer you broad market exposure include General Electric Company (NYSE: GE), Apple Inc. (NASDAQ: AAPL) and Exxon Mobil Corporation (NYSE: XOM). You can easily buy or sell stocks by using a stockbroker. There are lots of brokerages that offer stock trading in the United States. Most stockbrokers offer the cheapest stock trading fees in the country, which help keep costs down. When you trade stocks, you are trading assets. The only way to guarantee you will get your money’s worth back is to sell your stocks when you are paid back.

Another great option for passive investing is a Roth IRA. To earn a contribution of $5,000 for the 2017 tax year, you simply need to make your 2017 tax payment as an individual to your trustee. After that, you can keep your tax-free earnings in the Roth IRA for another 10 years. You’ll earn tax-deferred income from capital gains and dividends from your investments. And, since you’re saving for retirement and not planning for a big purchase, you can reinvest the money for tax-deferred growth. The sooner you start investing in an IRA, the better.