If you’re scrolling through the stock exchange and looking for something other than a company to put your money towards, perhaps ETFs may strike your fancy.
ETFs or exchange-traded funds are all about investing in data. For example, with ETFs you could purchase shares that track the economy of Germany, or the growth of the pharmaceutical industry, or even the production of green energy. ETFs come in all shapes and sizes. Many people enjoy investing in ETFs as they are cheaper than managed funds.
Tips and tricks
Consider ETFs as a way of diversifying your investments. We’re not saying buying shares solely in Facebook is wrong… but a bit of variety is always a good thing.