2012 Modular Level I, Vol. 6, pp. 195–196Study Session 18-66-dExplain the advantages and risks of ETFs.A is correct because open-ended mutual fund shares are created and redeemed at net asset value with no bid–ask spread, whereas ETFs trade like stocks with a bid–ask spread....
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You may be able to leave this money in your existing plan, but you should check with you employer to see if that is an option under your plan. A rollover IRA offers access to a wider range of investment options (and lets you personalize your choices) than some workplace plans, while ...
Also, some investment platforms offer a range of tools to help you create model portfolios to manage your investment more easily. How do I choose the best online investment platform for me? There are a few questions you should ask yourself before you choose the best investment platform...
Should I open an ISA or an ordinary savings account? The answer to this really comes down to how much money you want to save and how long you plan to save it. If you are saving small amounts for a short-term goal, then a savings account will likely be the better option as it’s...
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Money market account: Maintain growth and easy access Not to be confused with money market funds, which are a type of investment, money market accounts are a type of deposit account. “A money market account, traditionally, has been a high-yield savings account with higher-than-usual opening...
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You can open and fund a Vanguard account online, but there is a several-day delay before you can log in and start investing. It's easier (and faster) to get started at Fidelity. With either broker, you need to sign more documents—and wait a bit longer for your application to be ...