CoolCly
01/22/21 8:10:39 PM
#176:
| ARKG and ARKK for life baby Quick definitions: Mutual fund - Actively managed fund, they regularly make trades
- High management fees
- sign up and contribute through your broker or investment fund and they handle the rest
- Are supposedly NOT good at making money as they bring back less returns than the market on average, because nobody knows what to do
Index funds: - Same thing as mutual funds, except passive managed to match index
- Invests in a list of major stable companies (the index) instead of actively trading all the time
- low management fees due to way less activity to manage
- Supposedly better at matching the market as it just stays invested in the major companies in the market
- isn't going to make MAD money though because it's intentionally safely matching the market, it's not trying to beat it
ETFs - Can be either Index or Mutual funds (most etf's are apparently index funds)
- Traded on the stock market so you can just buy them directly instead of signing up through your broker
- Many ETF's exist for many sectors and strategies and you can be in a bunch of them
- can just sell any time!
ARK is actually more of a mutual fund though as its very actively managed and has higher fees, so it is more risk. --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG ... Copied to Clipboard! |