104 MG ETFs-A Better Way to Invest?

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.6 • 1.8K Ratings

🗓️ 31 December 2008

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Like what you hear? Help us out by writing a review at iTunes. Questions go to [email protected]. Thank you!

Transcript

Click on a timestamp to play from that location

0:00.0	Hello and welcome to Money Girls Quick and Dirty Tips for a Richer life.
0:09.0	I'm your host Laura Adams. Exchange traded funds or ETFs are becoming
0:18.4	popular investment choices. This show will help you understand what they are and if you should consider investing in them.
0:25.0	ETFs are innovative investments that have been around since the early 1990s.
0:31.0	One of the reasons for their growing popularity is that they combine the
0:35.2	flexibility of investing in individual stocks with the diversity of
0:39.4	investing in mutual funds. ETS allow you to buy an interest in a portfolio of securities with the
0:46.0	purchase of just one investment. They're basically a mutual fund that can be bought and sold
0:51.2	just like shares of stock of publicly held companies.
0:55.0	The largest and most well-known EDFs track broad equity indices and therefore offer great
1:01.0	diversification to investors.
1:03.5	The standard in Pours, depository receipts, is one of the oldest EDFs.
1:08.9	The abbreviation for this fund, SPDR, earned it the name Spiders.
1:14.4	It tracks the S&P 500 index and trades under the symbol
1:18.1	SPY.
1:19.8	Another popular E.T.F is called the Dow Diamonds, which trades under the symbol DIA.
1:26.3	It tracks the 30 stocks that make up the Dow Jones Industrial Average.
1:31.0	These are the largest companies and the most widely held stocks in the United States.
1:35.0	There are four major benefits to investing in these or any EDF.
1:40.0	They are liquidity, low cost, diversification, and tax efficiency.
1:45.0	Let's take a closer look at each of these benefits.
1:48.0	ETS are bought and sold with fluctuating prices throughout the day, just like stocks on the stock exchanges.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Macmillan Holdings, LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Macmillan Holdings, LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.