Business
How a novice can cheaply get into the sharemarket – Sydney Morning Herald
The appeal of Exchange-Traded Funds is that they spread relatively small amounts of money across a large number of underlying companies.
The appeal of ETFs is that they spread relatively small amounts of money across a large number of underlying companies, therefore minimising your risk of losing money if there turns out to be a poor performer included.
A share parcel/pack does the same thing, but usually to a far more limited degree there are just six stocks in Commsecs packs and with an overlay of “human error”.
The shares are often chosen by financial analysts (or computers), as opposed to you getting a small slice of an ent…
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