New Financial ETFs That Pay YOU to Invest Your Money
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 15 March 2019
⏱️ 21 minutes
🧾️ Download transcript
Summary
Learn about the latest ETFs that pay you to invest in them and/or charge no fees. Are they a good deal? Should you trust them with your money?
The race to lower fees continues with new ETFs being introduced with no fees - and even ETFs that pay YOU to invest.
Does this make sense? Why would companies offer this? Is it sustainable? How much money do you actually save or make?
First we explore the no-fee ETF model, mentioned in this article, then we explore the ETF that will pay you, in this article.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 538. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:08.0 | Pull that that's life. |
| 0:10.0 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.8 | yeah I'm full of pay I'm gonna live a good I'm gonna live a good life |
| 0:20.8 | a beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.4 | be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:37.0 | Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.0 | On today's show, we're going to talk about new financial ETS that pay you to invest your money. |
| 0:52.3 | Now this sounds completely crazy and when I saw this article I |
| 0:56.8 | thought oh dear this is not a good trend in the financial industry but here's what's been going on. ETS came out really now 26 years ago. It's hard to believe it's been that long. But as you know, ETS T.F. are index investments and they have very low fees. |
| 1:16.0 | Prior to that, we had mutual funds, which were actively managed by professional managers |
| 1:21.0 | and they had relatively high fees. It wasn't uncommon to pay 3% |
| 1:26.7 | or more for a mutual fund. And also mutual funds had fees to get into the mutual funds. So you had front-end loads or |
| 1:35.2 | sometimes back-end loads. These are commissions that you would pay just to buy |
| 1:40.0 | the mutual funds |
| 1:45.0 | funds actually charged an 8% fee in order to give you the privilege to be able to |
| 1:51.5 | invest in their fund. Nowadays, fees have gotten to almost zero, |
| 1:57.6 | with Vanguard being the low-cost provider and the majority of ETF assets going to Vanguard. |
| 2:05.0 | So they have these trillions of dollars in assets |
... |
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