Understanding Different Types of ETFs and How to Start Building Your Investment PortfolioIn the world of financial investments, Exchange-Traded Funds (ETFs) have gained increasing attention as a popular investment tool. For beginners, understanding and investing in ETFs serve as an excellent entry point into the investment world. This article will introduce the basic concepts of ETFs, their advantages, how to select and purchase ETFs, and help beginners establish a foundational knowledge of ETFs.What are ETFs?ETFs are investment funds that trade like stocks on stock exchanges. They typically comprise a variety of assets such as stocks, bonds, commodities, or other assets, and are categorized according to certain indices or sectors. Investors indirectly own these assets by purchasing shares
🌟🌟🌟If I can only invest in just 1 ETF to cover the global markets, it would be $SPDR Portfolio MSCI Global Stock Market ETF(SPGM)$ In just 1 trade, I gain access to the best and strongest companies globally. SPGM tracks the total returns of MSCI ACWI Index which covers 99% of Global Equities. The Top 10 holdings include Microsoft, Apple, Nvidia, Amazon, Meta Platforms, Google, TSMC, JP Morgan and Broadcom. The Top 10 holdings weightage is 17%. Total number of holdings is 2691. The expense ratio is a low 0.09%. Distributions are paid every 6 months. The current Distribution yield is 1.91%. US holdings take up 62% of SPGM followed by another 42 countries. These include Japan, UK, Canada, France, China,
$DPZ 20240517 540.0 CALL$ DPZ: Collected $130 or 26% ROI per contract for this bear call on Dominoes Pizza over a period of 18 days. This is the 1st leg of the winning sold bear call option set at $540 which expired worthless as expected. DPZ had been consolidating and drift lower after the initial 5.6% pop up to as high as $539.99 on earning on 29th April and now gave up most of the gain and settled at $513.03 at closing on 17th May. There is a gap fill back to around $500 which may provide temporary support for now.