Lesson 3 – What is ETF & Why I Never Buy Unit Trust/Mutual Fund

Ever wondered what ETFs are and why they might be a better fit for your investment journey compared to unit trusts and mutual funds? In this lesson, we’ll:

• Demystify ETFs: Gain a clear understanding of Exchange-Traded Funds, how they work, and their key characteristics.
• Unleash the Advantages: Explore the compelling benefits of ETFs, including transparency, flexibility, cost-efficiency, and potential for diversification.
• Unit Trusts and Mutual Funds: A Side-by-Side Comparison: We’ll delve into unit trusts and mutual funds, comparing their features and structure to highlight the potential advantages of ETFs in specific situations.
• My Experience and Perspective: I’ll share insights and personal experiences that shaped my preference for ETFs, providing valuable food for thought for your own investment decisions.

By the end of this lesson, you’ll be equipped with:

• A solid understanding of ETFs and their role in investment strategies.
• The ability to compare and contrast ETFs with other investment vehicles like unit trusts and mutual funds.
• Informed insights to consider when making investment decisions aligned with your financial goals and risk tolerance.

Once you complete this lesson, let’s head to Lesson 4, where I’ll share the two ETFs that Warren Buffett, widely considered one of the greatest investors of all time, purchases. And how you can use that to build up your million dollar portfolio. 🙂