Morningstar's guides to investing
Learn the ins and outs of stock, ETF, and fixed-income investing with our guides.
Morningstar’s Guide to ETF Investing
ETFs trade on stock exchanges such as the New York Stock Exchange, in the same way that stocks do. This is different from mutual funds, for which trades are conducted through brokers or with the investment companies themselves, and for which orders are only processed once a day.
Since ETFs debuted in 1993, investors have flocked to them because they’re typically cheaper, usually more tax-efficient, and simple to buy and sell. However, their attractiveness can vary substantially depending on the specific fund, so it’s still essential to evaluate each option carefully.
Learn more about the types of exchange-traded funds, their costs, and how to invest in them with Morningstar’s Guide to ETF Investing.
Morningstar’s Guide to Stock Investing
At Morningstar, we take an owner-oriented approach to stock investing: when investors buy stocks, we don’t think they’re just buying tickers or stories. Rather, they’re buying partial ownership in companies—and that’s why it’s important to understand a company’s fundamentals before purchasing its shares.
Our approach to stock investing boils down to three basics:
- Having an intimate knowledge of the company’s sustainable competitive advantages
- Determining what its shares are worth
- Buying the stock only when there’s a significant margin of safety in doing so
Learn more about how our approach to investing can inform your stock-picking process with Morningstar’s Guide to Stock Investing.
Morningstar’s Guide to Fixed-Income Investing
How should investors be thinking about their fixed-income investments as interest rates rise and fall? Morningstar’s Guide to Fixed-Income Investing can help you tackle topics such as:
- Bonds, interest rates, and your portfolio
- The best bond funds and ETFs
- Bonds vs. bond funds
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