If I Had To Choose Only ONE ETF...It's THIS

Introduction

In this tutorial, we'll explore the top ETF recommended in the video "If I Had To Choose Only ONE ETF...It's THIS" by Everything Money. This guide will help you understand why this ETF stands out and how it can be a valuable addition to your investment portfolio, especially if you're considering long-term growth and value investing.

Step 1: Understand the Recommended ETF

• Identify the ETF being recommended in the video.

Note its key characteristics, such as

• Focus on dividend payments
• Historical performance compared to other ETFs like SPY, VOO, VTI, and SCHD
• Investment strategy that emphasizes value investing

Step 2: Research the ETF's Performance

• Investigate the historical performance of the ETF.

Compare its returns with other popular ETFs

Analyze metrics such as

• Year-to-date performance
• 1-year and 5-year returns
• Dividend yield
• Look for any trends that indicate its potential for future growth.

Step 3: Evaluate the ETF's Holdings

• Review the top holdings of the ETF to understand where your money will be allocated.
• Check for diversification across sectors and industries.

Assess the quality of the companies within the ETF

• Look for financially stable companies with a history of paying dividends.

Step 4: Consider Your Investment Goals

Determine how this ETF aligns with your personal investment strategy

• Are you looking for growth, income, or a mix of both?
• Assess how this ETF fits within your overall portfolio.

Set clear investment objectives

• Decide if this is a long-term hold or a short-term investment.

Step 5: Monitor Market Conditions

• Stay informed about economic trends that could impact the ETF’s performance.
• Pay attention to interest rates, inflation, and overall market sentiment.
• Use resources like financial news, investment forums, and analysis tools to keep updated.

Step 6: Make Your Purchase

• Open a brokerage account if you haven't already.
• Decide on the amount you want to invest in the ETF.
• Place a buy order through your brokerage platform.

Conclusion

Choosing the right ETF can significantly enhance your investment strategy. By following these steps, you can make an informed decision about the recommended ETF from the video. Remember to conduct your own research and continuously monitor your investments to adapt to changing market conditions. Happy investing!