Index Funds vs Mutual Funds vs ETFs (Differences & Similarities)

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What are the differences and similarities of index funds vs mutual funds vs ETFs? My #1 recommendation to become financially free is to learn about index funds, mutual funds and ETFs and start investing now so you can fast track your financial freedom. Grow your wealth now so you can live your dream life even sooner.

Check out Tiffany Thomas, your wealth mentor, and her video on Index Funds vs Mutual Funds vs ETFs [Differences & Similarities] here: https://www.youtube.com/watch?v=skIkcjqWlyk&t=909s

Timestamp:
1:29 What are mutual funds?
2:28 What are index funds?
4:03 What are ETFs?
5:39 Actively managed vs passively managed
7:20 Expense ratios
9:06 Tax implications
10:51 Minimum required to invest
11:39 Whole shares vs fractional shares
12:29 How to decide which one’s right for you

// CHECK OUT MY OTHER VIDEOS:
Best Vanguard Index Funds & ETFs for financial freedom:
https://youtu.be/XK_eW_oO768

VTSAX: Vanguard Index Fund to become financially free:
https://youtu.be/ZYp8L8BXSZk

VFIAX: Vanguard S&P 500 Index Fund for Financial freedom:
https://youtu.be/4E8J8-eW7wA

The Worst Vanguard Index Funds (Why VTSAX is Best):
https://youtu.be/QWPdqtQjxLY

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Видео Index Funds vs Mutual Funds vs ETFs (Differences & Similarities) канала Grow the Piggy Bank