51 min listen
1/31/23: Happy Birthday! The ETF Turns 30
1/31/23: Happy Birthday! The ETF Turns 30
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)
8/20/22: How universities are saving money at the expense of students by outsourcing, the latest on municipal bonds, the growth of CBDCs, & more by THE TRUTH ABOUT YOUR FUTURE with Ric Edelman