By Nicholas Vardy Much of the investing world has been hypnotized by the vertigo-inducing roller-coaster ride of crazy cryptocurrencies.
But there’s another financial revolution taking place all around you.
And that is the revolution in exchange-traded funds (ETFs).
Since 2000, ETF assets have grown at an average annual rate of 142%. They currently make up 19% of the market.
Last year, the “BlackRock ETF Pulse Survey” found that 52% of U.S. investors intended to invest in ETFs.
9 in 10 financial advisors also expect to invest in ETFs for client portfolios.
Overall, ETF investors are younger, more engaged and more optimistic about their financial futures …read more