Exchange Traded Funds - How Dollar Cost Averaging can Make you Money in the Long Term (Cash Money Millionaire)
Exchange-traded can be seen as a mutual fund that trades like a stock. It represents a pool of stocks reflecting an index. The ETFs try to imitate the return on indexes but there is no assurance that they will do so precisely. However, an ETF is not a mutual fund and it trades like any other company on a stock exchange.
Source: ezinearticles.com
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