Many people opine that availing any loan is a burden as it reduces the amount of your earnings. But it is not so. There are certain benefits of advances and the million pound mortgages in particular that have rocked the money lending market in the recent years. [Read more…]
Exchange-Traded Funds (ETFs) have become incredibly popular over the last few years. In many ways, ETFs are like trackers. Instead of investing directly in a commodity, market or index, they allow investors to put their money in a fund that mirrors their chosen market. Investing in this manner is usually less expensive and more flexible than investing directly.
The range and diversity of Exchange Traded Funds has grown significantly in recent years. At its most basic a gold ETF (GEFT) is an Exchange Traded Fund that seeks to track the price of gold. These Funds track a variety of different market indices such as the FTSE, specific sectors such as mining, particular currencies or commodities such as gold. But what does this mean and what are the advantages and disadvantages of investing in them?