There are a lot of similarities and differences between mutual funds, exchange traded funds and index funds. They all sound alike, and people often get these mixed up, which makes it all very confusing. In this video, we explain what mutual funds, exchange traded funds (ETFs), and index funds are, and the pros and cons of each. And at the very end we will discuss what our favorite funds are for 2020. [Index funds vs mutual funds vs ETFs. Investing for beginners. Investing basics. How to start investing. Index funds vs mutual funds. ETF vs index fund. Index funds for beginners. Top index funds.] 0:00 Intro Mutual Fund vs. ETF Index Fund Pros & Cons Top Funds Outro Bloopers --------------- 📈 WEBULL 4 FREE STOCKS: https://bit.ly/3ntp6WV 🤑 COINBASE [BUY AND TRADE CRYPTO] FREE $10 IN BTC: https://bit.ly/3oa0nHp 🤑 GEMINI [BUY AND TRADE CRYPTO] FREE $10 IN BTC https://bit.ly/3a1uqgI 🤑 BLOCKFI [EARN INTEREST ON CRYPTO] FREE $10 IN BTC: https://bit.ly/3iLBwZu 💸 GUSTO PAYROLL [FREE $100]: https://bit.ly/3aB2vDd 📊 PATREON: https://bit.ly/3qKIRv3 👕 MERCH: https://bit.ly/3i1abBX --------------- 📒 Show Notes: ► Warren Buffet $1 million bet: https://www.cnbc.com/2018/01/03/why-warren-buffett-says-index-funds-are-the-best-investment.html ► Article about active fund managers: https://www.cnbc.com/2019/03/15/active-fund-managers-trail-the-sp-500-for-the-ninth-year-in-a-row-in-triumph-for-indexing.html ► Vanguard fees example: https://investor.vanguard.com/investing/how-to-invest/impact-of-costs --------------- 👋 Connect With Us: 👭 FPT WEBSITE: https://www.financepillowtalk.com/ 💌 INSTAGRAM: https://www.instagram.com/financepillowtalk/ 👯♀️ TIKTOK: https://www.tiktok.com/@financepillowtalk 🐦 TWITTER: https://twitter.com/finpillowtalk --------------- 📘 Recommended Books: ► Money Mindset: https://amzn.to/3kvwaRV ► Tax Tips: https://amzn.to/31Dfnoz ► Personal Finance: https://amzn.to/3dWXtlL --------------- 📸 Our Equipment: ► Nanoleaf Hexagon Lights: https://bit.ly/2MeiEWI ► “Hello” Neon Sign: https://amzn.to/35Sfpvp ► Camera: https://amzn.to/2TlGNuM ► Camera Lens: https://amzn.to/31HNPhV ► Camera SD Card: https://amzn.to/35vFbUR ► Lights: https://amzn.to/3mlMgy3 ► Softbox: https://amzn.to/35Tazhw ► Boom Microphone Kit: https://amzn.to/3oteHfl ► Prop Money: https://amzn.to/31Esfe8 --------------- DISCLAIMER: Monique Nguyen and Laura Saldana, including but not limited to any guests appearing in their videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence. All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact us via our email in the "about" page on our channel. *Some of the links and other products that appear on this video are from companies which Finance Pillow Talk will earn an affiliate commission or referral bonus. Finance Pillow Talk is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.