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ETFs were first introduced in 1993. Ever since then their populairty is increasing. Nowadays everyone and his mom is pouring all their savings into ETFs. That's
by randomtoast 1y ago
ETFs were first introduced in 1993. Ever since then their populairty is increasing. Nowadays everyone and his mom is pouring all their savings into ETFs. That's the main reason why the P/Es are at all time highs + of course of the current A.I. boom.
- toast0 1y agoETFs are Mutual Funds with lower costs. Of course, their popularity increases over time. They do the same job as mutual funds, which have been popular for investing in more or less their modern form since at least the 1940s, but lower costs makes ETFs preferable (I'm a dinosaur and still prefer mutual funds, but I'm going to have to give up sooner or later)