斜槓青年 / 傻奧所思

What Is an ETF?

https://www.youtube.com/watch?v=OwpFBi-jZVg

 

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Speaking

1.If an index fund and a stock got married and started a family, their children would be ETFs, exchange-traded funds.

Vocabulary

1.inherit [v]

to receive money, a house, etc. from someone after they have died

→ Who will inherit the house when he dies?

https://quizdoo.com/what-traits-did-you-inherit-from-your-parents/

2.diversify [v]

to start to include more different types or things

→ Millions of years ago, changes in the earth's climate caused animal and plant life to diversify.

https://feelingfinancial.com/diversify/

3.securities [n]  [finance & economics]

investment in a company or in government debt that can be traded on the financial markets and produces an income for the investor

 

Note

1.It seems clear that ETFs are going to be part of the investing universe for many years to come.