DON'T Buy ETFs Until You Check these 4 Steps
Are you overwhelmed by the sheer number of ETFs available in the market? Wondering how to pick the BEST ETFs? With approximately 3,191 ETFs in the US alone, it’s easy to feel lost. In this video, I’ll walk you through four essential steps to help you choose the best ETFs for your portfolio without overcomplicating things. Learn what an ETF is, how to invest in ETFs, and ensure your investments are optimized for success.
📊 Grab the Copy of the Google Sheet shared in today's video ► https://sendfox.com/lp/1088zn
STUFF I RECOMMEND!*
Personal Finance
🤑 Webull App - get FREE stocks when you get started (limited time) ► https://averagetoamazing.com/go/webull/
💰 Seeking Alpha - get the best research tools to stay ahead in your stock and ETF research. Receive an awesome discount on a Premium Membership ► https://averagetoamazing.com/go/seeki...
💰 Track Your Dividends ► https://averagetoamazing.com/go/divid...
🌟 Key Insights:
💡 Step 1: Determine Your ETF Balance
Understand your risk profile and time horizon. Typically, aim for 3 to 5 ETFs to keep your portfolio diversified yet manageable.
🧭 Step 2: Core Satellite Approach
Identify core ETFs that serve as the foundation of your portfolio. These could be Total Stock Market ETFs or S&P 500 ETFs. Learn how to mix in satellite ETFs for added growth and diversity.
📊 Step 3: Check Fund Overlap
Avoid unnecessary overlap between ETFs to ensure your investments are diversified. Use tools like ETF Research to compare overlaps and make informed decisions.
📉 Step 4: Evaluate Expense Ratios
Lower expense ratios can save you significant money over time. Compare passive and active ETFs to understand their cost implications on your portfolio.
💡 Discussion Points:
🤔 What is an ETF, and how does it fit into your investment strategy?
📈 How to invest in ETFs and pick the best ones for long-term growth.
🧠 The importance of checking fund overlap and managing expense ratios.
🌟 Join me as we break down the process of selecting the best ETFs and provide actionable tips to help you build a robust investment portfolio.
📢 If you found this video helpful, share it with others, and don’t forget to subscribe for more investing tips and financial insights. Ready to master ETF investing? Check out our next video for detailed advice and strategies. See you there!
📊 Grab the Copy of the Google Sheet shared in today's video ► https://sendfox.com/lp/1088zn
*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
Watch video DON'T Buy ETFs Until You Check these 4 Steps online without registration, duration hours minute second in high quality. This video was added by user Bob Sharpe 27 June 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 10,45 once and liked it 48 people.