ETF
You have probably heard of DTF or WTF, but not so much about ETF, so WTF is an ETF? ETF stands for Exchange Traded Fund. Remember how “Mutual Funds are like Dating”? ETFs are like Mutual Funds. To refresh your memory, it is a collection of assets that help you invest in a diversified portfolio. Such as, stocks, bonds, gold, foreign currency, basically any asset. But the main difference is that you...
Let us break this down 1. You invest money 2. This goes into an ETF that has no minimum 3. The ETF consist of “cuts” of companies 4. Like Tennis balls, Basketballs, footballs, and volleyballs 5. This all equals 1 ETF, so you own parts of companies 6. You feel blessed because the expenses are low 7. This all equals an ETF Now let us piece this together, you decide to invest some money in an ETF, the...
What are some low expense/cost investment vehicles that twenty something may not have heard of?
-- Jake