As a quick recap, ETFs (Exchange-Traded Funds) let investors purchase multiple stocks as one 🤩
Just like buying a carton of eggs instead of purchasing 12 individually 🥚
ETFs can group stocks based on industry, company location or even specific commodities like gold 🥇
Picking stocks can be confusing and time consuming 😨
ETFs help you invest in 100s of stocks with one purchase ⚡
Plus, ETF stocks are researched by professional investors 🤓
ETFs are also pretty influential 🤩
ETFs like SPY and VOO are even used as a benchmark, or reference, for the entire stock market! 🧮
ETFs and Diversification go hand in hand 🤝
By investing in multiple stocks at once, you can reduce risk in the long run, without having to research 100s of stocks! 🦺
Many ETFs also offer dividends, or quarterly payouts to investors just for keeping the stock 🤯
So, now you know that ETFs have tons of benefits 🏦
Next, we’ll learn about how they work and what to consider 👉