Im relatively new to the market and still learning. From what I've read and been told from close friends/family, ETF's would be a good investment for me. I am looking for long term. Wondering others thoughts, if they have an ETF's...and if there are any that are recommended?
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Im relatively new to the market and still learning. From what I've read and been told from close friends/family, ETF's would be a good investment for me. I am looking for long term. Wondering others thoughts, if they have an ETF's...and if there are any that are recommended?
Crus, an etf is essentially a mutual fund, only difference is that you can trade it intraday and you don't pay a fee for it. Its a good way to buy a collection of stocks versus just one stock. Its a good way to mitigate the risk of investing in just one stock versus say an industry/sector or collection of stocks. I don't have a specific one to advise you on but you can get lists all over the web. If there is a certail sector like Financials, Technology, Health Care etc., you feel good about start there you can find tons of ETFs for specific industries. Your basically investing in a large group of stocks but your buying just one, each stock carries a certain weight, those with the highest weights dictate if the price will go up or down on the day.
Crus, an etf is essentially a mutual fund, only difference is that you can trade it intraday and you don't pay a fee for it. Its a good way to buy a collection of stocks versus just one stock. Its a good way to mitigate the risk of investing in just one stock versus say an industry/sector or collection of stocks. I don't have a specific one to advise you on but you can get lists all over the web. If there is a certail sector like Financials, Technology, Health Care etc., you feel good about start there you can find tons of ETFs for specific industries. Your basically investing in a large group of stocks but your buying just one, each stock carries a certain weight, those with the highest weights dictate if the price will go up or down on the day.