ETFs Explained: Everything You Need to Know Before You Buy Your First One

Natasha Bamblett· Soundbite0:00

My name's Natasha Bamblett. I'm a proud First Nations woman, and I'm here to acknowledge country. Tihi, gleenyan ganga, neeyah nah kaika yau yambena waka. Neeyah nah kaiyen yambena yakarram ja, duminya gumika dumika ethu waka nitto wamin damin irmaalan. Mumubaing gaa-dha buma inin ngalan waka, gaaanang yakarram ja, wutu-narra naa. Hello, beautiful friends. We gather on the lands of the Aboriginal people. We thank, acknowledge, and respect the Aboriginal people's land that we're gathering on today, take pleasure in all the land and respect all that you see. She's on the Money podcast acknowledges culture, country, community, and connections, bringing you the tools, knowledge, and resources for you to thrive.

Bec Syed· Host0:44

She's on.

Victoria Devine· Host0:46

The.

Speaker 40:46

Money.

Bec Syed· Host0:46

She's on the money. [laughs] [upbeat music] Hello and welcome to She's on the Money, the podcast that is gonna make you feel like the smartest person in the room the next time someone brings up investing at a dinner party. Sounds like fun, very fun dinner party. [laughs] I'm- Hey, that's, that's what happens at my house ... [laughs] sorry. Oh my God, actually.

Victoria Devine· Host1:03

Sit down.

Bec Syed· Host1:04

Oopsie. I'm Bec Side, and today we're tackling the word that the entire internet has decided is the answer to every single money question, just buy an ETF.

Victoria Devine· Host1:14

They do.

Bec Syed· Host1:15

They do. And I... You know what? It could be. Could be the answer. If I had a dollar for every time I've seen that in a comment section, I would have enough money to buy a very confusing ETF that I don't fully understand. Because here's my problem, everyone says it, nobody explains it. What is an ETF? What is