The Compound and Friends cover image

Ric Edelman Unplugged

The Compound and Friends

CHAPTER

The Future of Mutual Funds

10 years from now ETFs will not exist They will be tokenized You will buy an nft that represents a share Of an e of what was today inETF and the ability to trade 24 7 365 at Incredibly low cost Instant settlement. Why on earth is this what is this t plus one t plus two? Well, I never understood that because when I got in the business it was t plus three and now it's t plus two Arcias 30 that makes sense. If you're not trading a margin, why does it need to be t plus whatever it is exactly Yeah, but Rick in traditional finance You can make a mistake and there's a third party that you can call

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