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Piggy Bank Trader : How about I block you! 50 yr old man with a 28 yr old girl as a pic trying to gain followers!
Shootingstar : Can you pls teach me how it is different if I buy etf vs owning a share? It will become like Berkshire?
FirstStrike Veteran Shootingstar : You can own a share of a company, or you can own a share of an ETF, which is made up of many companies. ETF's have an array of different choices.
Shootingstar FirstStrike Veteran : But the etf lacks flexibility and agility to change when it's focus is having difficulty from economic changes and news? Once an etf is setup it is fixed to certain types of shares only?
FirstStrike Veteran Shootingstar : that depends. some etfs update more often than others, but etfs have a governing group of people. SPY is an etf of the s and p 500, you can find etfs with array of different companies in it or and etf that has a certain sector.
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