If you’ve waded into the world of buying and trading stocks it’s a very good chance that you’ve come across the term ETF. ETF stands for Exchange traded funds. But what exactly does that mean? Simple answer, it’s like a basket of stocks. But don’t get confused because there are indexes and index funds.

Seem confusing? Casey Halliley is back to break ETFs down in quick fashion to help you out!

Episode Breakdown:

0:25 What does ETF stand for?

0:39 The difference between an index and an index fund

1:39 What doe ETFs track

2:19 Simple answer to “What is an ETF?”

2:32 ETF vs Mutual Funds

4:10 Are ETFs cost effective?

4:46 Pros and cons of ETFS

6:20 ETF fun facts

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