An ETF, or exchange-traded fund, is a basket of investments you can trade on the stock market like a single share. It might hold stocks, bonds, or other assets depending on the fund.
People use ETFs because they can be cheap, diversified, and easy to buy. They are often a simple building block for long-term investing.
The main thing to remember is that you are buying the fund’s holdings and strategy, not just a ticker symbol.
Sources
This is general information, not professional financial advice. For decisions about your situation, talk to a qualified professional.
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