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January 13, 2021 8:54 AM Miranda Marquit - Forbes Advisor
Posted:
Updated:
January 15, 2021 9:21 AM
Exchange traded funds, commonly known as ETFs, are a low-cost way to buy exposure to hundreds or thousands of stocks and bonds, making them a favorite of financial advisors and investors alike. Here’s how to start buying ETFs.
1. Open a Brokerage Account
Because you can’t just go to the store to purchase a basket of ETFs, the first thing you need to do is open a brokerage account. Before deciding where to open your account, though, it’s important to consider your goals. Certain types of accounts are better for certain goals.
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