Mutual Funds VS ETFs, What's The Difference?

When it comes to Mutual Funds and ETFs there can be a lot of confusion! This video gives a details comparison between the similarities and differences of Mutual Funds VS ETFs. ETFs and Mutual Funds both share the same goal in providing a place for investors to pool their assets so a professional investment manager can use those pooled resources to invest. On the ETF side of things the investment manager typically manages the investment passively by linking to some sort of index, in this video I give the ETFs example of SPY an ETF designed to mirror the S&P 500. On the Mutual Funds side of things the investment manager typically manages the investment actively in an attempt to beat market returns, in this video I give the Mutual Funds example of FKAIX a Mutual Fund that is also designed to mirror the S&P 500. Mutual Funds are way more complex than ETFs are and typically have higher fees, but these fees can be worth it to some people depending on if the Mutual Fund is successfully beating the market and if the new investor would prefer to rely on the larger network of Investors that Mutual Funds have over ETFs. Regardless of what type of investment you decide to place your money in, these pooled asset classes are a great way for new investors to experience a fantastic return while not having to know very much about the underlying assets in each of the funds. What I Use for Investing: https://ndcdyn.interactivebrokers.com/en/home.php https://act.webull.com/pm/AfSdHcj7oapv/71l/inviteUs/ https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php https://www.franklintempleton.com/financial-professionals/tools-and-resources/tools/hypotheticals What I Use for Budgeting: https://www.personalcapital.com/ https://www.truebill.com/ http://refer.amex.us/WESLECF6jM?xl=cp15 If you want help setting up a portfolio service, a budget, or just want recommendations on what to do in a certain situation; feel free to comment or message me using one of the links bellow! @InvestwithWesley (FB) @InvestwithWesley (IG)