There’s no doubt we live in the computer age and software development is a big component of modern technology. In fact large companies like Microsoft (MSFT) have made millions in profits from software applications.
And Microsoft isn’t alone. There’s other major software applications like Salesforce, Adobe, and even FileMaker development companies. All taking our business technology to the next level.
So if you want to give your portfolio exposure to software companies without trying to corner the market on MSFT, then a software ETF may be a good fit for your investing strategy.
As of right now, there are only four software ETFs, but that list is growing (which I will update). However, the good news is that each fund has some diverse holdings in the software industry, so you’ll have decent exposure to the software market…
