Exchange Traded Funds and Mutual Funds: Two Investment Vehicles – How to decide?
Submitted by Watters Financial Services, LLC on September 29th, 2015First, let’s start with the basic definition of an Exchange Traded Fund (ETF). “An Exchange Traded Fund is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund, ” according to Investopedia.com.
Second, let’s look at the basic definition of a mutual fund.