Beating SPX500 not double, not triple but much more !!!!
This is a new ETF that caught my attention lately and I am awaiting a good opportunity to go long.
Here are some information of this ETF
One can make a very good killing of this ETF if they had bought during the March fall in 2020. It has since risen by 80%, beating the popular SPX 500 ETFs.
Unfortunately, you can't select the specific stocks to be added into the ETF so it comes in a package much like a hamper gift. You pay one price and get all the stuff inside, regardless if you like it or not. In this case, you may not be able to buy the specific stock you like because the stock exchange is illiquid and to apply an account just to buy it may be too cumbersome and expensive as well. So, ETF is the next better choice, imo.
Here are some information of this ETF
One can make a very good killing of this ETF if they had bought during the March fall in 2020. It has since risen by 80%, beating the popular SPX 500 ETFs.
Unfortunately, you can't select the specific stocks to be added into the ETF so it comes in a package much like a hamper gift. You pay one price and get all the stuff inside, regardless if you like it or not. In this case, you may not be able to buy the specific stock you like because the stock exchange is illiquid and to apply an account just to buy it may be too cumbersome and expensive as well. So, ETF is the next better choice, imo.