An exchange-traded fund (ETF) is a pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other assets, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can. ETFs offer low expense ratios… Continue reading Why Should You Own An ETF?
Robo-advisors have had a meteoric rise in popularity since their debut in 2008 thanks to the support from millennials and Gen Z. Today, Robo-advisors manage $460 billion, with some analysts predicting it will become a $1.2 trillion industry by 2024. Watch the video to find out why some investors believe it will never replace traditional… Continue reading Will Robots Replace Human Financial Advisors?
One of the most commonly held misconceptions in investing is the idea that you must work with a financial advisor in order to be successful. However, the reality is that investors who manage their own money are often able to perform just as well or better than those who work with a financial advisor and… Continue reading Why You Don't NEED a Financial Advisor | Phil Town