how can i invest in consumer discretionary companies 
you can buy the stocks of companies found in the various industries within the consumer discretionary sector for convenience and diversification purposes you can buy a mutual fund that invests in them such as the vanguard consumer discretionary index fund admiral shares additionally you can purchase an exchange traded fund that follows the sector such as the consumer discretionary select sector spdr fund the bottom linethe term consumer discretionary refers to non essential products and services that consumers tend to purchase when the economy is strong consumer confidence is positive and individuals have discretionary income to spend the consumer discretionary sector of the economy consists of manufacturing and services industries with consumer discretionary companies normally these companies and their industries are sensitive to changing economic conditions 