The Wiser RoundtablePodcast provides only the best financial advice free of conflict. Host Casey Smith, President of Wiser Wealth Management, is joined by co-hosts and colleagues Brad Lyons and Matthews Barnett. In today’s episode, the group talks everything an investor should know about Exchange Traded Funds (ETFs).
Casey first begins by explaining that Exchange Traded Funds are an investment strategy where an investor buys a fund containing a specific group of stocks. The stocks within the fund, known as the ETF, are strategically chosen to offer growth while mitigating risk.
After they define ETFs, Casey, Brad and Matthews elaborate further on the way ETFs work and how an investor can use these funds to their advantage. As Casey tells how ETFs were inspired by mutual funds, a similar investment strategy, he dives into the history of why mutual funds were created and how they inspired ETFs.
Moving to the core of the conversation, the group talks about the key advantages of ETFs when compared to mutual funds. ETFs are intraday liquid, meaning they can be day traded. Mutual funds are not intraday liquid. ETFs are also lower cost, tax-efficient, and more transparent in reporting their holdings.
Wiser Wealth Management recommends the ETF as an investment strategy for investors to take advantage of if they’re educated on investing and know the risks of buying and selling. Investors must know what types of ETFs they are buying through inspecting the stocks inside to see how they fit in the fund structure.
If investors follow the advice of Casey, Brad and Matthews, then they can use ETFs to broaden and diversify their portfolio. Casey reminds listeners that since Wiser Wealth Management is a fee-only firm, they have no ulterior motive to push products and services they can earn commissions on. The show focuses on providing sound, transparent advice to increase financial literacy for all.
Wiser Wealth Management, Inc (“Wiser Wealth”) is a registered investment advisor with the U.S. Securities and Exchange Commission (SEC). As a registered investment advisor, Wiser Wealth and its employees are subject to various rules, filings, and requirements. You can visit the SEC’s website here to obtain further information on our firm or investment advisor’s registration.
Wiser Wealth’s website provides general information regarding our business along with access to additional investment related information, various financial calculators, and external / third party links. Material presented on this website is believed to be from reliable sources and is meant for informational purposes only. Wiser Wealth does not endorse or accept responsibility for the content of any third-party website and is not affiliated with any third-party website or social media page. Wiser Wealth does not expressly or implicitly adopt or endorse any of the expressions, opinions or content posted by third party websites or on social media pages. While Wiser Wealth uses reasonable efforts to obtain information from sources it believes to be reliable, we make no representation that the information or opinions contained in our publications are accurate, reliable, or complete.
To the extent that you utilize any financial calculators or links in our website, you acknowledge and understand that the information provided to you should not be construed as personal investment advice from Wiser Wealth or any of its investment professionals. Advice provided by Wiser Wealth is given only within the context of our contractual agreement with the client. Wiser Wealth does not offer legal, accounting or tax advice. Consult your own attorney, accountant, and other professionals for these services.
Sign up for our newsletter!
Our latest blogs, podcasts, and educational videos delivered to your inbox weekly.