How To Build Wealth Investing In ETFs | Ultimate Guide |
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How To Build Wealth Investing In ETFs | Ultimate Guide. In this video I explain everything you need to know about Exchange Traded Funds (ETFs) from what ETFs, are all the way to building your own portfolio with ETFs - Enjoy!
Get $60+ Free Stock on Webull π https://dannysully.link/Webull Free Investing For Beginners Guide: https://dannysully.link/Investing101 Sign Up Bonus Offers: π SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi π Get $60+ Free Stock on Webull: https://dannysully.link/Webull π Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): https://dannysully.link/M1Finance π° Get $200 Bonus on Coinbase: https://dannysully.link/Coinbase π³ My Favorite Credit Cards (Sign Up Bonus): https://dannysully.link/FavoriteCreditCards Resources: β Apply For My Exclusive 1:1 Growth Coaching: https://www.dannysully.com/sullygrowthcoaching π Free Learning Guides: https://dannysully.link/FreeGuides ποΈ My Newsletter: https://dannysully.link/Newsletter π¦ Twitter - https://twitter.com/DannySully_ π LinkedIn - https://www.linkedin.com/in/danny-sully π My Website - https://www.dannysully.com/ π Recommended Books - https://dannysully.link/Books πΈ My Recording Equipment - https://dannysully.link/YouTubeSetup π₯ Relevant YouTube Videos π₯ https://youtu.be/L1rVeu-uqv4 https://youtu.be/VgDQ_rplVzQ https://youtu.be/TSOwPNnuJng https://youtu.be/UCjP87-u74Q β° Timestamps β° 00:00 Intro 00:34 What Are ETFs? 02:45 ETFs vs Mutual Funds 07:39 Overall Benefits 08:14 Best ETFs 11:58 Building A Portfolio 15:14 My Favorite ETFs π What are ETFs? ETFs, or Exchange Traded Funds, are investment funds that can be traded like stocks, offering diversification by allowing investors to track a wide range of assets in a single purchase. They come in two main types: actively managed ETFs, with a higher expense ratio, and passively managed ETFs, which track specific markets or indices, often with lower fees, providing exposure to various markets like the S&P 500 or international markets. As discussed, they can be bought any nearly any brokerage firm like Fidelity, Vanguard, SoFi, M1Finance, etc. Mutual Funds can only be bought directly through the exact brokerage firm unless you pay an extremely high fee on a limited number of other platforms (don't even think about this). Why use Index based ETFs? 1. Extremely easy 2. Saves you time 3. Requires little financial knowledge 4. Much cheaper than active funds 5. Historically proven to be better than picking individual stocks 6. Flexibility since you can buy and sell anytime you like. 7. More control over your taxes 8. Have no minimum required invested amount 9. Can be purchased on nearly any brokerage firm My Favorite ETFs: 1. VOO - Vanguards SP 500 ETF 2. VB - Vanguards Small Cap ETF 3. VO - Vanguards Mid Cap ETF 4. VTI - Vanguards Total Stock Market ETF (Combo of 3, be aware of overlap) 5. VXUS - Vanguard International Stock ETF 6. BND - Vanguards Bond Fund ETF 7. VAW - Vanguards Material ETF 8. VGT - Vanguards Info Tech ETF 9. VCR - Vanguards Consumer Discretionary ETF 10. SCHD - Schwab US Dividend Equity ETF π Don't forget to subscribe with notifications on and hit that like button! Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it! Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter. |