Back to Basics Of Investing
She's On The Money
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I Want to Own a Share in an Exchange Traded Fund
An exchange traded fund is a pooled investment security that holds lots of different underlying assets rather than just one individual stock. You buy and sell ETFs in exactly the same way you buy and sell shares they are on the ASX as well. And it's a good place to get instant diversification because diversification is really important. It's making sure that you don't have all your eggs in one basket instead of just having exposure to CBA. So if one thing crashes, I guarantee something else is doing well and then maybe other things are just coasting along. Does that make sense? That does make sense.
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