17.01.2014 - Investing 101: What is an ETF?
If you're looking for an asset that's as flexible as a stock with the diversity of an index mutual fund, the best investment option for you might be an exchange-traded fund. A Relative Newcomer to the Market. The first ETFs were created in 1993, but they didn't become popular until the early 2000s. ETFs track stock indexes, specific commodities, or other baskets of assets. So when you buy a share of an ETF, you're investing in a (usually) diversified portfolio that tracks a particular commodity, industry or market, without dealing with the high costs and strict laws that are involved with buying all the individual assets separately...............................................Full Article: Source
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