| ETFs are all the rage for investors these days. According to the most recent Investment Company Fact Book, there were nearly $2 trillion in ETF assets at the end of 2014 — up from just $151 billion at the end of 2003. But what the heck are ETFs exactly, and are they right for you?
ETF stands for “exchange-traded fund,” and like the name implies, these are investments that trade throughout the day on an exchange. This is a big difference from traditional mutual funds, says Herb White, a certified financial planner and president of Life Certain Wealth Strategies in Denver...............................................Full Article: Source
|