An ETF is a 'grouped' or pooled investment - like a stock, its treated as a security and traded on stock exchanges but is much more flexible. ETFs can be set to track anything - from the price of silver to 500 stocks.
ETF - Really its simple
ETF - Really its simple
Bundle securites with different symbols
Put em all together in a single basket
Diversify with one buy and thats it
SPY is the most well known
In 1993 became the backbone
You buy and sell it like normal stock
During market hours on the wall street clock
So pass me the rock I'll Urvin slam dunk it
To Cab Calloway just killin it on the Trumpet
Use Urvin for learnin bout earnin-
Update with changes the world keep turnin
Gotta stay on top of your investments
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What a blessin digestible knowledge
I guarantee you won't get THAT in college!