Fast and Finance
Welcome to Fast and Finance! This podcast is designed for everyday, normal people just looking to improve their personal wealth management and expand their knowledge on the markets. We'll cover all the basic concepts so you have a strong base knowledge before we dive into anything more specific. Wealth management is a concept that is overlooked in many school systems, and we're here to change that! Please send us your questions to: patrick.mccrindle@lpl.com - Securities offered through LPL Financial, a member FINRA/SIPC. https://www.finra.org/ - https://www.sipc.org/ Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and SGI Wealth Management are separate entities from LPL Financial. https://www.sgiwealth.com/
Fast and Finance
Expanding on ETFs
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Patrick McCrindle
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Season 1
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Episode 9
Indifferent to mutual funds, ETFs have intraday price movement, meaning that they are issuing and redeeming shares on an ongoing basis throughout the day, whereas mutual funds are only priced one time a day if you recall from our mutual fund episode. This ability that an ETF has to issue and redeem shares like this, helps keep the price of ETFs on par with their underlying securities.