Exchange-traded funds, or ETFs, are an easy way to begin investing. ETFs are fairly simple to understand and can generate impressive returns without much expense or effort. Here’s what you should know about ETFs, how they work, and how to buy them.
How to start investing in ETFs:
- Open a brokerage account - You’ll need a brokerage account before you can buy or sell ETFs.
- Choose your first ETFs - For beginners, passive index funds are generally the best way to go.
- Let your ETFs do the hard work for you - It’s important to keep in mind that ETFs are generally designed to be maintenance-free investments.
