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Finance allah shmoop what is a spider fund or spdr

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Or for that matter what are spiders at all Yeah

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these on here's the logo but spd ours finance world

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are just a family of exchange traded funds or etfs

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which are kissing cousins of index funds Remember that in

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exchange traded fund is a closed and fund where all

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the investments more or less or made up front and

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then that fund just produces a net asset value price

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each day each hour each minute as if it's one

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stock comprised of say three hundred individual investments on the

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list while spdr is just the brand name under which

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the state street global advisors are marketed and investors well

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generally love them and yeah now they've grown or from

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nothing teo pretty darn big there see the chart and

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they come with catchy subtitled names like the spd r

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s and p bank e t f that was the

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original title of moby dick A lot of people don't

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know that let's say you just learn for free in

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a month and no extra charge and they also have

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funds called the spider portfolio short term corporate bon d

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t f and the spider radioactive superpower fund Yeah that

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that that last one isn't true Only in our dreams

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we did invest in any way any way Here's a

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full list quite a load So that's spdr it's not

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a superhero or even a cantankerous iraq Just a really 00:01:31.506 --> [endTime] big yeah Where

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