The Compound and Friends cover image

Ric Edelman Unplugged

The Compound and Friends

00:00

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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