Mutual Funds, Index Funds, and ETFs are all great investment options; but it's important to understand the differences between them.
Mutual Funds were the first on the scene and offer the benefit of pooled investing, but with high fees.
Index Funds arrived later but carry lower fees and automatic reinvestment.
Finally, ETFs act like stocks and provide the same as Index Funds, except automatic reinvestment.
Before putting money in anything, be it stocks, real estate, or funds, we must research as much as possible since all the options available have their own advantages and disadvantages.
The important point here is to invest, because having cash in a bank only decreases the value of our labour’s fruit.
https://todaysfocusofattention.com/difference-between-mutual-funds-index-funds-and-exchange-traded-funds/
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