Are you unsure about the difference between an exchange-traded fund and a mutual fund? While ETFs and mutual funds do share some similarities, there are some major differences that you should be aware of before investing in either.
Listen in as I dive into the specifics of exchange-traded funds, including how they compare to other types of funds when it comes to price and taxation, and why we tend to prefer ETFs over mutual funds. While neither option is right or wrong, it’s important to understand how they work and how they fit into your overall strategy.
Listen to the Full Episode:
What You’ll Learn In Today’s Episode:
- What an exchange-traded fund is.
- How ETFs differ from other funds when it comes to price.
- How different funds are taxed.
- How ETFs compare against stocks.
Ideas Worth Sharing:
“They are baskets of securities that allow you to be diversified.” – Jonathan Bednar
“Generally speaking, exchange-traded funds are cheaper than mutual funds.” – Jonathan Bednar
“In general, ETFs are not paying out capital gains.” – Jonathan Bednar
Resources In Today’s Episode:
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