Walkner Condon Financial Advisors

We've covered Exchange-Traded Funds – commonly referred to as ETFs – in myriad ways on Gimme Some Truth previous to this episode. But we've never truly dedicated an episode to ETFs. So this is us doing exactly that, zooming out to go over the basics of ETFs, their history, how they compare with mutual funds, and more. Mitch DeWitt, MBA, and Jonathon Jordan, CEPA – two of the three Certified Financial Planner™ professionals in the Walkner Condon office – sit down to cover an introductory look at ETFs, including how Mitch is, in fact, slightly older than the first established ETF, SPDRs (Ticker: SPY), but too young to understand the wonders of listening to Poison on cassette with a Walkman – unlike Jonathon.  A key part of the conversation involves contrasting ETFs with mutual funds, where Jonathon brings to the fore a great analogy involving piloting. And the subject of investing in ETFs vs. individual stocks also surfaces the idea of time in the market vs. trying to time the market, a common th