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ETFs?

Started by Stacey P.
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Stacey P.

Does anyone have any advice about investing in ETFs?

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Stacey P.

I've heard they are good for beginners but I don't even know what they are.

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Anonymized A.

Does anyone have any advice about investing in ETFs?

One source is Yahoo Finance.

I'm starting to invest in funds that pay a consistent 5% - 7% as their goal. It's more geared for retirees which means there's a bond component a safety net.

But if you want to gamble on upside profits just buy a Dow index fund but I wouldn't aside from a small portion of my investments. Dow is due for a correction.

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Aaron Y.

Exactly what are ETFs?

ETF stands for exchange traded funds. They are like mutual funds in that they are a basket of stocks. Unlike mutual funds, which only get traded at the end of the day, ETFs trade all day long like regular stocks.

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Sarah S.

Super interesting! I hadn't heard of this! Thanks for the info.

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Anonymized A.

So ETFs are like mutual funds but with the added entertainment value of watching them rise and fall, hitting refresh on your computer all day?

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Eric K.

Buying index-based ETFs like SPY is a safer choice, unless one is very good in stock picking.

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