How do ETFs work? #ETFs #moneymag
Money’s Vanessa Walker explains how ETFs work using a Spotify playlist analogy.
Much like choosing a playlist of a mixture of songs, investing in ETFs allows you to purchase a bundle of stocks or bonds, providing instant variety.
The ETF adjusts automatically to stay relevant, and as the popularity of the stocks in the ETF increases, so does the value of the ETF and your profits.
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