/biz/ - Business & Finance

>>26004053
Grayscale Investments Commences Dissolution of
Grayscale XRP Trust

>>14891839
>gold/silver/platinum/etc ETFs
Grug think rock price go up.
Grug want buy rock.
But Grug no want keep rock in house.
Grug buy rock ETF.
One share rock ETF equal one rock.
Rock ETF paper, so no waste Grug space.
Rock ETF trade on rock exchange, so Grug sell ETF easier than real rock.

>s&p500 ETF
Grug think market to up.
Grug want buy all companies in market.
But Grug no have enough money.
Grug buy SPY.
1 share SPY = little bit of every company in market.
SPY go up slow, but Grug like that. Slow mean low risk.
SPY pay Grug dividend for holding.
Grug never sell SPY, even when price go down.
Grug keep getting dividend.
Grug keep buying SPY.
Grug retire on time.

>sector ETF
Grug think berry market go up.
Grug buy berry ETF.
Berry ETF have many berry company.
Grug no have to guess which company best.
Grug get gains from whole sector.

>short ETF
Grug think market go down.
Grug buy short ETF.
If market go down, short ETF go up.

>leveraged ETF
Grug want more risk.
Leveraged ETF price move more.
3 times leverage equal 3 times price movement.
Grug confident in market.
Grug buy leveraged ETF.
If market go up, leveraged ETF make Grug more money than SPY.
If market go down, Grug very sad.