If you have been following enough financial bloggers and Seedly Personal Finance Community, the term ETF should ring a bell.
ETF stands for Exchange Traded Fund, and was designed for passive investors.
Editor’s Note: If you are not following either of the mentioned, it is not too late to start.
Investing in ETFs will be like getting “cai png”. It is affordable, offers a variety of ingredient and taste in one plate, and fills your tummy.
Credit: Eatbook.sg
What is an Exchange Traded Fund (ETF)? Unlike a mutual fund, an ETF is a passively managed investment fund which is traded on the stock exchange. Since it is being traded on the stock exchange, it usually has a high liquidity of buyers and sellers. An ETF is usually passively managed to track an index, a commodity, bonds or a basket of assets like an index fund. Due to high liquidity,...