Mutual funds, index funds and ETFs: How to use these to build wealth | For My Money
August 18, 2021
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2:22Now PlayingMutual funds, index funds and ETFs: How to use these to build wealth | For My Money
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as posted by the channelBuying an ETF or mutual fund is a cheaper, less risky way for new investors to enter the stock market. Here are the pros and cons of each, explained. RELATED
Financial markets have been showing signs of increased concerns for a while, but the U.S. stock market had remained largely resilient. The S&P 500 has had just two down weeks in the last eight, and the last time it had even a 5% pullback from a record high was in October.
Any weakness could present an opportunity to scoop up more stocks at lower prices, or investors could at least hold steady in their retirement accounts, according to Sam Stovall, chief investment strategist at investment research firm CFRA.
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