ETF stands for Exchange Traded Fund and are funds that trade on an exchange like a stock, hence the inclusion of ‘trade’ in the name. ETFs are also easy to purchase, are often low-cost and are a tax-efficient way to invest your money.
A Very Quick History Lesson
So where did they come from? ETFs are basically another step on the evolutionary ladder of investment instruments that started with stocks. It was a desire to build an affordable yet diversified portfolio of ... Read More