“You could sell an ETF based on the S&P 500 and buy an ETF based on another index… or buy a fund that invests in the same industry”
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Said on Motley Fool Hidden Gems Investing
money money money · 939b AMA with GJ: rental ethics, money in relationships, speccy plays, how we make $ + more
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Invest exclusively in broad-based index ETFs instead of ethical/green screened funds
“You could sell an ETF based on the S&P 500 and buy an ETF based on another index… or buy a fund that invests in the same industry”
“The way that they work is that you invest, say it's $1,000 in a 2x leveraged index ETF. That gives you exposure to $2,000 of the index's daily returns.”
“We are predominantly an ETF over index player… we have around 30,000 crores in ETFs now”
“On the first of every month, $1,500 moves automatically from her transaction account into an investment account and buys the index fund.”
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