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Podcast: Steady Wealth Podcast
Episode: The Pros and Cons of ETFs in Your Portfolio
Description: Over the last 20+ years, ETFs have increasingly become a staple in many people’s portfolios. From an investing and trading perspective, there are a lot of reasons for this. From tradability and tax-efficiency, to diversification and transparency, ETFs can be a great option. Other times, they aren’t the best option. Let’s look at the pros and cons.
For tradability, unlike mutual funds, ETFs can theoretically be traded in and out throughout the day. In fact, there are many people who do day-trade ETFs. The flexibility and liquidity are main reasons why people gravitate towards ETFs. When i...