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bolBkc
No.559
I have no idea how the (((stock))) market works so I've decided to just buy index funds and etfs. I honestly don't even know the difference between an index fund and an ETF.
Am I gonna make it?
bolBkc
No.560
>>559(OP)
I have people calling me from icici wealth management or whatever so I can goy into their scheme but just sticking to whatever little I know
4ihNW2
No.561
>>559(OP)
Index fund can be a mutual fund or etf, it comes under passive investment, meaning manager doesn't need to make any decisions, he will just mirror the index(50,100,500 stocks etc)
ETF is just a mechanism for trading different types of funds, it can be active or passive, only thing being it can be traded on the market, mutual funds on the other hand work a bit differently and can't be directly sold on the market, they need to be redeemed/bought via request to the asset management company.
Good choice investing in index funds, Idk if it makes sense to invest in motilal nasdaq tho since it is trading at a heavy premium to it's actual underlying value and no new units can be created, use this for reference
bolBkc
No.562
>>561
idk whatever that means...not spending my time creating a (((zerodha))) account so they can lure me into the options casino, since motilal oswald is jew'd according to you, i'll just stick to niftymaxxing
4ihNW2
No.563
>>562
Good strategy, just be consistent and you will end up with a lot of money
However I was just explaining why it was jewed so you can refer this for other ETFs
