Basically, there is no much difference btw index fund and ETF if you are a long term investor no matter which broker to use.
ETF is trading like a stock. http://finance.yahoo.com/etf/education
WhileMutual fund, http://finance.yahoo.com/funds/mutual_funds_101investor needs to consider the followings besides understand Prospectus of the fund before investing:
- fees, e.g. is it NTF (no-transaction-fee) funds?
- cut off time to buy or sell;
- short term redemption fee;
and so on...
Are you with me so far?
As far as difference btw fund and ETF, the PRICE. What does that mean? Let’s watch this video.
investor needs to consider the followings besides understand Prospectus of the fund before investing:
- fees, e.g. is it NTF (no-transaction-fee) funds?
- cut off time to buy or sell;
- short term redemption fee;
and so on...
Are you with me so far?
As far as difference btw fund and ETF, the PRICE. What does that mean? Let’s watch this video.
- cut off time to buy or sell;
- short term redemption fee;
and so on...
