So for those new to the game, ETF stands for Exchange Traded Fund, which is basically a managed fund that you can buy or sell in an exchange. In essence, it allows you to invest in multiple stocks or assets with a single transaction.
Investors really like this asset class because it allows for diversification, income generation, capital appreciation and more. And there’s a ton of ETFs out there for different purposes with different investment strategies and so on.
But given the objective of our Investment Portfolio is to generate and maximize passive income, after some research, we were able to shortlist a few that meet our investment strategy & decided to compare them against each other before making our initial investment play:
So what did we end up doing and why?