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ETF Black Magic: What's Really in the Hat?
The first ETF debuted back in 1993. ETFs have displaced regular mutual funds as the investment of choice: The amount of money ETFs hold has skyrocketed more than 2,000% - compared with a paltry 120% for regular funds.
ETFs trade all day like stocks - making them "better" than mutual funds. ETFs are modern-day magical trading tools.
But if you know anything about magic, you know there are times where the trick goes awry...
The first ETF debuted back in 1993. ETFs have displaced regular mutual funds as the investment of choice: The amount of money ETFs hold has skyrocketed more than 2,000% - compared with a paltry 120% for regular funds.
ETFs trade all day like stocks - making them "better" than mutual funds. ETFs are modern-day magical trading tools.
But if you know anything about magic, you know there are times where the trick goes awry...