How To Build Wealth Investing In ETFs | Ultimate Guide

How To Build Wealth Investing In ETFs | Ultimate Guide. In this video I explain everything you need to know about Exchange Traded Funds (ETFs) from what ETFs, are all the way to building your own portfolio with ETFs - Enjoy! Free Investing For Beginners Guide: https://dannysully.link/Investing101 Top Financial Products To Consider: 🏦 High Yield Savings Accounts: https://dannysully.link/Savings 📈 Investing Platforms: https://dannysully.link/Investing 🔒 Certificate Of Deposits (CDs): https://dannysully.link/CDs Resources: 📚 Free Learning Guides: https://dannysully.link/FreeGuides 🗞️ Newsletter: https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) -   / dannysully   🎥 Relevant YouTube Videos 🎥    • The EASY 3 Fund Portfolio That Defeat...      • The ONLY 3 Vanguard ETFs You Need For...      • Money Market Funds For Beginners | Th...      • High Yield Savings Accounts For Begin...   ⏰ Timestamps ⏰ 00:00 Intro 00:34 What Are ETFs? 02:45 ETFs vs Mutual Funds 07:39 Overall Benefits 08:14 Best ETFs 11:58 Building A Portfolio 15:14 My Favorite ETFs 📝 What are ETFs? ETFs, or Exchange Traded Funds, are investment funds that can be traded like stocks, offering diversification by allowing investors to track a wide range of assets in a single purchase. They come in two main types: actively managed ETFs, with a higher expense ratio, and passively managed ETFs, which track specific markets or indices, often with lower fees, providing exposure to various markets like the S&P 500 or international markets. As discussed, they can be bought any nearly any brokerage firm like Fidelity, Vanguard, SoFi, M1Finance, etc. Mutual Funds can only be bought directly through the exact brokerage firm unless you pay an extremely high fee on a limited number of other platforms (don't even think about this). Why use Index based ETFs? 1. Extremely easy 2. Saves you time 3. Requires little financial knowledge 4. Much cheaper than active funds 5. Historically proven to be better than picking individual stocks 6. Flexibility since you can buy and sell anytime you like. 7. More control over your taxes 8. Have no minimum required invested amount 9. Can be purchased on nearly any brokerage firm My Favorite ETFs: 1. VOO - Vanguards SP 500 ETF 2. VB - Vanguards Small Cap ETF 3. VO - Vanguards Mid Cap ETF 4. VTI - Vanguards Total Stock Market ETF (Combo of 3, be aware of overlap) 5. VXUS - Vanguard International Stock ETF 6. BND - Vanguards Bond Fund ETF 7. VAW - Vanguards Material ETF 8. VGT - Vanguards Info Tech ETF 9. VCR - Vanguards Consumer Discretionary ETF 10. SCHD - Schwab US Dividend Equity ETF 🔔 Don't forget to subscribe with notifications on and hit that like button! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.