/biz/ - Business & Finance

Anonymous Thu Aug 3 17:27:51 2023 No.55742999 [View]
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>>55742208
>bunch of fees
ETFs have one fee: the expense ratio

>simply buy Apple and get +300% every 5 years
You can weight your port heavily to one stock like Apple if you believe that, but if you're wrong, your capital is fucked

>Just buy Mega Tech and you are set for life
This is actually why a lot of people buy QQQ, XLK, etc. They want many megatech companies, but the price of buying them separately is too costly per share (and costs more in taxes). ETFs offer an easy, lower priced, one price solution to owning a sector or some wacky thematic shit

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