Kamis, 01 Agustus 2024

Quadruple Digits... From an ETF??

WD Highly Engaged Send: ETF From 7/29/24
Wealth Daily

Quadruple Digits... From an ETF??

What is an ETF in investing?

To put it simply, an ETF (or exchange-traded fund) is a type of fund that owns financial assets and is traded on various stock exchanges. Another way to answer the question, "What is an ETF in investing?" is that it's an easy way to make a boatload of cash.

What is an etf in investing?

You see, over the years, I've made a lot of money by investing in ETFs. Although these aren't typically "set it and forget it" investments.

For example, back in early 2020, when it became apparent that COVID was about to turn into a major global health crisis, we knew that it would result in a massive economic slowdown. It didn't take a rocket scientist to know that restricted travel, forced closings of businesses, and massive supply chain disruptions would cause a major oil glut. So we decided to go short on oil and use an ETF to do that.

>>> Read the full article here.

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