What a week! To recap on the series, I wanted to provide you with a quick 2 minute guide on what these investments are!
And there you have it! Hope you check out the posts in full.
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Ah, the last of this week's five part series: Mutual Funds.
There is no question that you haven't heard of Mutual Funds. Many advisors, banks, financial institutions, and more have access to some of the world's best mutual funds. But I bet you they all will tell you to buy buy buy! But not why why why.
Yes, here at Aryandale Financial, we do offer Mutual Funds as well. However, I have no interest in telling you to buy buy buy. My interest is to teach teach teach, and in turn, when you are ready, you will take charge of your financial future and have an idea of WHAT you want to buy buy buy.
Our advisors provide ADVICE and ACCESS to the best products. We help you build a financial foundation with knowledge and guidance: you call the shots, and we help you make it happen.
With that being said, whether it's individual stocks, bonds, REITs, low cost ETFs or low cost mutual funds, you now have the basic understanding of what each product can do and a bit of how they work. This was the point of the 5 part series: to educate, on a basic level, what is available to you out there for investments.
With that said, let's wrap up this series with Mutual Funds!
What are Mutual Funds?
ETF: Exchange Traded Fund.
Now that you know what the acronym stands for, let's talk about what they do!
What are ETFs?
ETFs are investment funds traded on stock exchanges which allow investors, like you and I, to purchase a basket of stocks, commodities, currencies or bonds at a unit price set on the net asset value of the fund.
What do ETFs invest in?
ETFs are structured in various ways. There are index ETFs that track market indices, ETFs that hold stock in certain industries, ETFs that hold gold or other commodities, and more. Basically, ETFs can invest in any arrangement of stock, bonds, currencies or commodities.
Why should I bother with ETFs?