Coronavirus: ETF or Index Fund?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 28 April 2020

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should I be using an ETF or index fund when it comes to investing? It's a common question, and a good one, as they're both very similar and very different. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to the Jill on Money Coronavirus Market update. You are hearing this on
0:09.6	Tuesday. We are recording this on Monday, the 27th of April.
0:14.8	What's going on?
0:16.7	I mean, earning season is happening.
0:18.7	So today, keep an eye out.
0:20.9	We got some real interesting companies that might give us a clue as to what's going on in the economy.
0:27.0	Alphabet, Parent of Google, Starbucks, Caterpillar, big industrial company, Merck Pfizer, UPS, I gotta think that they're kicking
0:38.0	ass, Pepsi and Southwest Airlines, so that's a smattering of what's coming out today and we begin a
0:46.2	two-day Federal Reserve meeting today obviously I don't believe they will be cutting
0:50.8	rates to below zero so when they make that announcement on
0:54.1	Wednesday what we're going to be looking for is their assessment of how the
0:58.2	economy is doing. Meanwhile I forgot to talk about this over the weekend because I had bookmarked it and thinking I would, but the Congressional Budget Office released some of their economic forecasts, and I don't know if you saw this mark it looks like they're
1:14.6	predicting that Q2 is going to be a drop of 40% how about that on an annualized
1:22.4	basis CBO thinks the percent. How about that on an annualized basis?
1:24.0	CBO thinks the unemployment rate this second quarter and also into the third quarter will be
1:30.0	15 percent on average.
1:32.0	Remember, we were 3.5% about two months ago.
1:36.0	I'm not thinking they're seeing a V-shaped recovery.
1:40.0	The unemployment rate they believe is only going to drop down to 9.5% by the end of 2021.
1:47.0	Anyway, they also say obviously the federal government's spending a lot of money and the budget deficit will be 3.7 trillion
1:58.0	that's almost 18% of GDP this year almost 10% of GDP in 2021.
2:05.2	The previous high for annual deficits since World War 2,
	...

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