Exchange Traded Funds, or ETF’s, are a basket of investments, typically stocks, that are traded on a stock exchange. Not all investments are traded on an exchange though, and that is what sets Exchange Traded Funds apart from other funds like mutual funds. Exchange Traded Funds can cater to a special set of needs, and it is important to do your homework on different funds to find out which one best suits you.
Exchange Traded Funds can have stop orders and limits set on them and can also become rather specific in regards to buying a small basket of companies or a buying a sector.
As we discuss in the Podcast from October 3, 2012 (above), there is a lot to know about Exchange Traded Funds so if you have some concerns about Exchange Traded Funds be sure to tune in.
Now, if you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website. Under no circumstances should the content discussed here be considered specific investment advice.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.
All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions, or withdrawals may materially alter the performance of your portfolio. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for an investor’s portfolio.
You can listen to the podcast at the top of this post or download it from iTunes (search for “Mullooly” under Podcasts in the iTunes Store).