Does anyone care to explain or know how these ETF's work?
Do they hold indefinitely?
Do they sell at x y Z % profit?
Do they sell when the clients(boomers) say sell?
Or is the fund manager in control?
Do they actively trade too?
Thanks,
Yeah I am absolutely interested to know also please any explanation can go a long way I very long way
They just buy forever and ever and ever until there's no more left to buy, and then they cry a lot, wishing they had bought more earlier. And we all live happily ever after.