![]() ![]() ![]() Individual retirement accounts ( IRAs) give you tax advantages when you save for retirement. Your choice of account should match your investing goals. Choose an Account to Match Your GoalsĪfter you settle on the right brokerage platform, decide what kind of account you need. If you're going to buy a thematic ETF, though, you definitely need someone knowledgeable picking which companies to include because it has a big impact on performance - this is why Global X thematics are generally considered the best because they are very thoughtful about this.įinally, for better or for worse, the ETF consists of very established companies (top 3 holdings are Nvidia, Roblox, and Microsoft - ironically Facebook isn't in the top 3) so you aren't really making a concentrated bet on this future coming to pass.On WealthFront's Website 2. The expense ratio is high, but unfortunately that's just what thematic ETFs cost for now - all of the Global X ones are around 70bps too. You can check out his in depth writing on the subject here for proof: The creator of the ETF (Matthew Ball) consults on the constituents of the ETF and he's one of the most knowledgeable people there is about the concept. Keeping in mind the common tech pipeline of military->enterprise->consumer, one can see how buying stock in companies currently in the military supply chain would position one well to ride growth in the industry as the metaverse slowly takes shape. Specifically, look into micro displays for AR/VR use. These companies have federal R&D grants and have contracts with the military to make products for military use. Aside from grabbing individual stocks which will invariably be part of the metaverse platform (your standard big tech giants), there are companies out there developing and manufacturing the tech that will be required in order for the metaverse to become a reality. While I agree with most others who have commented regarding the short term outlooks for the metaverse and this ETF specifically, there are opportunities, I’d argue there are opportunities to get exposure to the metaverse at its infant stages which go beyond mere gambling. More problems arise out of this than are solved, which means long term future growth to me. It's just a matter of expanding on this idea for the masses, abd seeing how is pushes the industry to grow. People are already purchasing clips of NBA games via NFTs and its making big money, and big game companies are preparing to sell virtual guns via NFTs. The concepts apply to big industries like gaming and gambling today. The beauty of the meta idea is that it will move on without NFTs or VR. Certificate authorities is a good example of what NFTs are not. We've never had a true third party, non human system say that one piece of bits is owned by someone before. NFTs are a way to achieve third party, trusted ledgers of ownership, yes. It's kind of annoying I have to even say this, but vr from the 60s is nothing like vr of today. It's not either or, it's about the current state of the technology, the hype and the crossover potential at the right time. Please consult with an accredited and registered professional before making any investment decision. You are responsible for your own investment decisions. r/ETFs does not endorse any recommendation or opinion made by any member, nor do any users or moderators of r/ETFs advocate the purchase or sale of any security or investment. Reddit, r/ETFs, and its moderators assume no responsibility for the accuracy, completeness, or objectivity of the information presented in this subreddit. Any low-effort or spam posts will be removed without notice and will result in a temporary ban. Do not post multiple questions in a short period of time, combine your questions into one coherent and composed post. Posts containing disrespectful language will be removed without notice. We do not tolerate excessive profanity, targeted attacks, discriminatory, or racist language. Unsolicited promotional posts, links, and comments will be removed without notice and will result in a ban. To host an AMA, please contact the moderators for approval. Do not post links to your video, blog, website, social media account, referral code, app, podcast, event, newsletter, subreddit, or tool. r/ETFs does not allow unsolicited advertisements, nor the promotion of products and services. No unsolicited promotion, advertisement, or spam. Posts that are not related to ETFs will be removed without notice. The Exchange-Traded Funds Community and Forumįor those joining our community, please have a look at the resources below. ![]()
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