Title: Okay guys , what is ETF? Post by: Eindbaas69 on September 13, 2014, 11:11:31 PM I'm new and I dont know what ETF means.
Can anyone kind tell me please ? Title: Re: Okay guys , what is ETF? Post by: Hyena on September 13, 2014, 11:15:23 PM I'm new and I dont know what ETF means. Can anyone kind tell me please ? http://lmgtfy.com/?q=ETF Title: Re: Okay guys , what is ETF? Post by: yokosan on September 13, 2014, 11:20:06 PM Title: Re: Okay guys , what is ETF? Post by: adamstgBit on September 13, 2014, 11:22:05 PM oh come on stop trolling him and give him the story.
its a good story.... Title: Re: Okay guys , what is ETF? Post by: yokosan on September 13, 2014, 11:24:38 PM http://www.investopedia.com/video/play/understanding-etfs/
Title: Re: Okay guys , what is ETF? Post by: adamstgBit on September 13, 2014, 11:24:57 PM once upon a time there were to twins.
bla bla bla the end (http://youtu.be/PYVuiDgCNho?t=2m36s) Title: Re: Okay guys , what is ETF? Post by: Eindbaas69 on September 13, 2014, 11:28:01 PM is there a video story?
Title: Re: Okay guys , what is ETF? Post by: JimboToronto on September 13, 2014, 11:31:22 PM I'm new and I dont know what ETF means. Can anyone kind tell me please ? Hi Eindbaas69. Welcome to the forums. Unlike many arrogant noobs around here, you seem modest and sincere. This has led to you being warmly welcomed. However, starting multiple threads daily rubs some people the wrong way and tends to clutter up the sub-forum. Just a friendly bit of advice... if you can post your questions and comments in existing threads, you won't wear out your welcome quite as fast. Cheers. Title: Re: Okay guys , what is ETF? Post by: Meuh6879 on September 13, 2014, 11:56:55 PM once upon a time there were to twins. the end (http://youtu.be/PYVuiDgCNho?t=2m36s) http://cdn.ebaumsworld.com/picture/TheWarMachine74/pictures_SPARTALOG.gif Title: Re: Okay guys , what is ETF? Post by: Mellnik on September 14, 2014, 10:20:03 AM once upon a time there were to twins. the end (http://youtu.be/PYVuiDgCNho?t=2m36s) http://cdn.ebaumsworld.com/picture/TheWarMachine74/pictures_SPARTALOG.gif Holy shit from what movie is that from? Title: Re: Okay guys , what is ETF? Post by: sehnye on September 14, 2014, 10:21:47 AM If I remember well it's from Final Destination 2 or 3 :)
Title: Re: Okay guys , what is ETF? Post by: wasserman99 on September 15, 2014, 12:59:02 AM I'm new and I dont know what ETF means. Despite there being many responses on this forum, there has not been one that even attempted to answer this question, so I will help you out.Can anyone kind tell me please ? ETF stands for Exchange Traded Fund. They are traded on a stock exchange in a way similar to how traditional stocks are traded. They are designed to track the performance of a specific basket of assets (usually stocks, and usually some index of stocks). AFAIK the biggest ETF in terms of assets is the Spiders ETF (ticker: SPY) which attempts to track the performance of the Standard and Poors 500 index (it tries to make it so it's performance is the same as the S&P 500). The most common context you will likely see an ETF on here is in reference to the COIN ETF that is being created that is designed to track the performance of bitcoin. As of now it has not started trading. From what the SEC filings have said, one share of COIN is to equal 1/5 of a BTC. Title: Re: Okay guys , what is ETF? Post by: Kupsi on September 15, 2014, 01:01:41 AM Despite there being many responses on this forum, there has not been one that even attempted to answer this question, so I will help you out. I believe this was a pretty good answer. http://lmgtfy.com/?q=ETF Title: Re: Okay guys , what is ETF? Post by: cmacwiz on September 15, 2014, 01:05:08 AM I'm new and I dont know what ETF means. Despite there being many responses on this forum, there has not been one that even attempted to answer this question, so I will help you out.Can anyone kind tell me please ? ETF stands for Exchange Traded Fund. They are traded on a stock exchange in a way similar to how traditional stocks are traded. They are designed to track the performance of a specific basket of assets (usually stocks, and usually some index of stocks). AFAIK the biggest ETF in terms of assets is the Spiders ETF (ticker: SPY) which attempts to track the performance of the Standard and Poors 500 index (it tries to make it so it's performance is the same as the S&P 500). The most common context you will likely see an ETF on here is in reference to the COIN ETF that is being created that is designed to track the performance of bitcoin. As of now it has not started trading. From what the SEC filings have said, one share of COIN is to equal 1/5 of a BTC. So does the ETF load up on BTC and then let people invest in their index fund, which is assured to be less volatile than BTC? Title: Re: Okay guys , what is ETF? Post by: spiderbrain on September 15, 2014, 01:26:36 AM So does the ETF load up on BTC and then let people invest in their index fund, which is assured to be less volatile than BTC? Yes, the ETF owns bitcoins, but no, it's exactly as volatile as bitcoin. The main reason for making it is that as a registered financial product, pension funds / hedge funds etc can legally invest/speculate on the price of bitcoin, where as currently they can't, which many people predict will result in a lot of new money entering the market. |