Do you think long-term? Stick to your commitments, even in the face of other distractions and temptations? Expect all dealings to be fair and just? Do you believe in patience and the rewards of perseverance?
If that was a resounding ‘Yes’, then you seem like the ideal candidate for ETFs.
ETFs follow market indices and publish their holdings daily, offering investors complete transparency in their dealings. Investors who find comfort in the safety of market indices and are particular about staying informed about the fund portfolio composition daily may find ETFs well suited to their needs.
Investors looking for value for their money tend to favor ETFs as they are passively managed and hence have lower costs.
Finally, if you have a long-term horizon coupled with a buy-and-hold philosophy, then an ETF may be the smartest way to reach your financial goals.
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