Everyone loves a buffet. At least I do.
Modern day investing is like a buffet – we have so many different kinds of investment products to choose from.
Let us look at the most common and popular investment products: Mutual Funds (or Unit Trusts) vs Exchange-Traded Funds (ETF)
Funds: The Buffets of Securities
If all your securities (stocks, bonds, commodities) are food, then funds are the all-you-can-eat buffets.
The main advantage of buffet over a regular a-la-cart meal at a restaurant is that you get to sample a variety of different dishes.
Funds allow the investor to hold a variety of securities in one product. When you buy a share of the fund, you buy a share of each...