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1/31/23: Happy Birthday! The ETF Turns 30

1/31/23: Happy Birthday! The ETF Turns 30

FromTHE TRUTH ABOUT YOUR FUTURE with Ric Edelman


1/31/23: Happy Birthday! The ETF Turns 30

FromTHE TRUTH ABOUT YOUR FUTURE with Ric Edelman

ratings:
Length:
8 minutes
Released:
Jan 31, 2023
Format:
Podcast episode

Description

It's Tuesday, January 31st. Guess what? ETFs have now hit their 30th anniversary. The first exchange traded fund was the Spyder S&P 500 ETF Trust, and for the first time ever, investors could buy and sell the 500 stocks of the S&P 500 in a single trade. Today, that ETF has $370 billion in assets. It's still the largest ETF in the world. ETFs have become the most popular investment vehicle in the country. There are now nearly 2000 ETFs on the market from hundreds of fund companies. ETFs are now far more popular than mutual funds, which have been around for 100 years. -----Today’s sponsors:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page
Released:
Jan 31, 2023
Format:
Podcast episode

Titles in the series (100)

Ric Edelman is the nation’s most acclaimed financial advisor, the #1 New York Times bestselling author of 10 books on personal finance with more than one million copies in print in seven languages, and founder of the nation’s largest financial planning firm, ranked #1 for quality by Consumer Reports. Every weekend, Ric gives you the information you need about the five personal finance topics that matter most today: longevity, retirement security, exponential technologies, digital assets, and health & wellness. Using his trademark humor and unique delivery, Ric makes complex topics easy to understand – as only he can! Ric was ranked three times as the nation’s #1 Independent Financial Advisor by Barron’s, and he’s in both Research Magazine’s and Barron’s Financial Advisor Halls of Fame. He’s also recipient of IARFC’s Lifetime Achievement Award. Investment Advisor, RIABiz and InvestmentNews all named him one of the most influential people in the investment management profession – and he’s been named six times by TALKERS as one of the HEAVY HUNDRED – the 100 most important radio talk show hosts in the country! Tune in to Ric’s show every weekend for the knowledge you need to achieve financial success! For more information, visit www.thetayf.com