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There's nothing wrong with dipping your first toe in Wall Street's waters through a low-cost exchange-tradedfund (ETF). An index-tracking ETF from a fee-averse manager such as Vanguard can get you started on the right foot. What's an exchange-tradedfund? Image source: Getty Images.
If you don't have the time and temperament to read financial statements and hand-pick excellent stocks, you can rely on exchange-tradedfunds (ETFs). Thanks to a highly automated portfolio management system, the ETF charges annual managementfees of just 0.04%. Investing doesn't have to be hard.
In a historic decision, the Securities and Exchange Commission (SEC) approved 11 applications to create a spot Bitcoin exchange-tradedfund (ETF) on Jan. Bitwise's Bitcoin ETF (NYSEMKT: BITB) offers the cheapest exposure to Bitcoin since it has waived all managementfees. fee will be tacked on.
1AUM as of 12/31/2020 computed using Morningstar data for US-domiciled, USD-denominated open-end and exchange-tradedfunds, excluding fund-of-funds. 20591, National Bureau of Economic Research, October 2014). 6“An Exceptional Value Premium,” Insights (blog), Dimensional Fund Advisors, October 2020.
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