Which investment is more advantageous and why? Are there times when mutual funds are a better choice than an ETF? Are there times when an ETF is a better choice than a mutual fund? Explain your answer. Be specific in your answers.
There is no set rule about which investment is more advantageous. There can be cases when mutual funds meets the needs of the investor, while there can be certain cases where an ETF is a better choice.
Both these types of investments provide ...
The solution decides between Mutual Funds and ETFs and determines which the better one of the two. The solution argues that there is indeed no right answer and the correct type of investment depends on person's need and risk profile. Overall, an excellent response.