ETF Guide: Everything You Need to Know

ETF (Exchange-Traded Fund) is a fund that replicates an index and trades on the exchange like a stock.

Example: SPY replicates the S&P 500. By buying 1 share, you're investing in the ~500 largest US companies at once.

Main ETFs: - Brazil: BOVA11 (Ibovespa), IVVB11 (S&P 500 in BRL), HASH11 (Crypto) - USA: VOO/SPY (S&P 500), VTI (Total Market), QQQ (NASDAQ)

PaxMoney tracks all these ETFs with automatically updated quotes.

Instant diversification: One share = dozens or hundreds of assets

Low cost: Management fees usually below 0.5%/year

Liquidity: Buy and sell anytime during market hours

Simplicity: No need to pick individual stocks

Transparency: Fund composition is public

For beginners, starting with ETFs is probably the best investment decision possible.