Exchange-traded funds (ETFs) are mutual funds that you can buy (or sell) as easily as you can a stock, hence the “exchange traded” part of their names. I like the ease to buy an entire portfolio of, say, food and beverage stocks in my stock brokerage account with a few mouse clicks which is just as easy as buying shares in a single food and beverage company. ETFs do compare favorably with mutual funds but there are some key distinctions. I think that ETFs can play a major role in the corporate executive’s long-term wealth-building program.
ETFs Versus Mutual Funds
There are two primary differences between ETFs and regular conventional mutual funds. The first difference is that although both of them manage ...
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