Wednesday, November 17, 2021

How to build savings funds? - In 1 Minute | Ewpple


Ewpple | Income For Life

Ewpple - Which ETF to use to create savings funds?

Use your monthly savings to buy these 3 ETFs.

Equity ETF
It tracks a specific stock index movement.
It's used mainly for capital gain and pays the lowest dividend.
Examples of Equity ETFs are SPY & QQQ.

It uses a basket of listed REITs to track a REIT index.
It provides a higher dividend while still having a moderate capital gain.
Examples of REITs ETFs are VNQ & VNQI.

Bond ETF
Its portfolio mimics the corresponding bond index.
Investors used it for its' stability in price & dividend.
Examples of Bond ETFs are AGG & BND.

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