Part 1

What is an ETF?

Don’t look for the needle in the haystack. Just buy the haystack!”

- John C. Bogle

The Exchange Traded Fund or ETF has been one of the more disruptive financial innovations in the last few decades. It has materially altered markets, investment strategies, and what options are available as investments. These instruments bring low-cost access to a wide variety of companies, currencies, and commodities.

They provide investors flexibility and multiple avenues for beating the mark...

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