Index funds & ETFs are both great low-fee, passive ways to invest for the long term. However, there are a few key difference. Firstly, ETFs trade like a stock and fluctuate when the market is open. Whereas index funds are valued once a day. Secondly, fees can differ between index funds and ETFs - the best option is usually the low fee option. Thirdly, ETFs have more choice but I think this is actually a bad think as people end up investing into multiple ETFs that all overlap each other. Fourthly, ETFs are more accessibility and require lower minimum investments which is a great benefit for people just getting started with investing. There are a couple of more complicated differences, one of them being that the bid-ask spreads on smaller ETFs can be large. You can read more here - https://monevator.com/etfs-vs-index-funds-differences/ Also, check out this site to compare fees -https://www.justetf.com/uk/how-to/sp-500-etfs.html Personally, I prefer index funds as they have been around for longer and I am less likely to get sucked into checking my investments regularly. It's all about the long term buy and hold. Thanks for watching! ⏳ Timestamps: 0:00 - Intro 0:50 - 1. Trading 2:02 - 2. Fees 3:32 - 3. Choice 5:04 - 4. Accessibility 6:30 - Bid-Ask Spread 🤝 Thanks to my friend Stan for letting me use his camera - https://www.youtube.com/channel/UCEJ0at78BYg4CLmjDr9uBSw ⚠️ Disclaimer: I am not a financial advisor. This video is for entertainment purposes only. Please seek professional advice to get the best information for your personal situation. You are responsible for the financial decisions that you choose to make. 📕 New To Investing? Download my FREE 61 page ebook - https://bit.ly/2Dwocr6 I have received hundreds of messages over the years so thought I would condense all of the basics of investing into an easy-to-read completely free ebook. It currently has 2,000+ downloads! 💷 Freetrade Free Share - https://magic.freetrade.io/join/ryan/791ed53f 💷 Trading212 Free Share - http://www.trading212.com/invite/Fg39FgeY 💷 Stake Free Share - https://hellostake.com/referral-program?referrer=ryank879 💷 Binance Referral - https://www.binance.com/en/register?ref=VVA8AQVO 💷 Coinbase Referral - https://www.coinbase.com/join/king_kop 📚 Recommended Reading - https://www.amazon.co.uk/shop/makingmoneysimple (These are affiliate links. If you buy through my link I will receive a free share/small commission. I really appreciate if you use my links!) -------------------------------------------------------------------------------------------------------- 🎙️ PODCAST (weekly episodes) - https://spoti.fi/3mMbbLg 📸 Instagram - https://www.instagram.com/makingmoneysimple/ 🐦 Twitter - https://twitter.com/makingmsimple 🕺 TikTok - https://www.tiktok.com/@makingmoneysimple 🗣️ Facebook - https://www.facebook.com/makingmoneysimple 💭 LinkedIn - https://www.linkedin.com/company/making-money-simple 📝 Blog - https://makingmoneysimple.co.uk/ 📰 Newsletter (sent monthly) - https://bit.ly/3roNpIB -------------------------------------------------------------------------------------------------------- 🙋♂️ Who Am I? My name is Ryan, I'm 23 and currently working in London as a trainee chartered accountant whilst completing the ACA exams. I graduated with a degree in Economics in 2019. Making Money Simple was established in 2019 and is a Financial Education platform. The main aim is to spread Financial Education in an easy to understand and jargon-free way. The main purpose is to get people investing to help them achieve financial freedom. 📱 Contact me: Feel free to leave a comment on this video or DM me on Instagram. 📩 Business enquiries: makingmoneysimple1@gmail.com 📺 References: Biggie smalls meme - https://www.youtube.com/watch?v=itKFs0YFoz8 Sliced bread meme - https://www.youtube.com/watch?v=cwmQufm2bRw 🎧 Music: Time Out – Atch (No Copyright Music) - https://www.youtube.com/watch?v=NPnLxESfv50&list=PLzCxunOM5WFKZuBXTe8EobD6Dwi4qV-kO&index=19 ⚡Subscriber Count: 484