By Scott Krase via Iris.xyz
Here are the facts….
- 51% or $14 trillion, of American personal wealth are now controlled by women.1
- 67% of women over 50 years old share in decision-making for finances with their spouses.2
- Women will control about $22 trillion by 2020, half of all private wealth.3
- Women are set to inherit $28.7 trillion in intergenerational wealth transfers over the next 40 years.4
So here are 4 Reasons Women should consider using ETFs in their retirement portfolios:
What is an ETF?
An ETF is a type of fund that owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. The actual investment vehicle structure (such as a corporation or investment trust) will vary by country, and within one country there can be multiple structures that co-exist. Shareholders do not directly own or have any direct claim to the underlying investments in the fund; rather they indirectly own these assets. ETF shareholders are entitled to a proportion of the profits, such as earned interest or dividends paid, and they may get a residual value in case the fund is liquidated. The ownership of the fund can easily be bought, sold or transferred in much the same way as shares of stock, since ETF shares are traded on public stock exchanges.
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