ETFs: What You Need to Know

New York Times reporter Tara Siegel Bernard provides a primer on ETFs in her article Exchange-Traded Funds: What You Need to Know.

Bernard points out that many people like exchange-traded funds, or E.T.F.’s, for the same reasons they like index funds: they provide easy access to broad spheres of the market, while keeping costs and taxes low.

She recommends the Vanguard Total Stock Market ETF (VTI) and the Total Bond Market ETF (BND) as a prudent way to wade into investing waters with ETFs.

She also points out that investing in any fund with less than $50 million in assets is not advisable.

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