I have been investing with some spare money in a Robinhood account but have been looking into some mutual funds and discovered ETFs, which from my understanding are basically mutual funds that are listed as stocks. So from what I understand you don't have to pay any brokerage fees like you normally would for a mutual fund and still get all of the benefits of being in a mutual fund. Am I misunderstanding ETFs or is that really how they work and if so why wouldn't everyone use them?
Submitted March 09, 2019 at 10:31AM by Dmanfasho89 https://ift.tt/2VH4Ljk