Earlier ETFs were basically Index Funds, introduced by Vanguard’s founder John C. Bogle. Today as well Index funds are the best instruments, when it comes to passive investments. At the same time world of ETF has changed a lot. Nowadays wide variety of ETFs are available and choosing the best one for oneself became more complicated than before.
Businesses like Facebook, Instagram, YouTube, Netflix, Prime Video etc. have great and tremendous amount of content. They deliver there content on various devices located worldwide. In this case speed of delivery is very important. CDN comapnies have their wide networks worldwide, which helps these content provider comapnies to deliver it fastly.
Apple Inc. started it’s business with Macintosh personal computers, then further they launched iPod, iPhone etc. Till 2010 Apple was heavily focused on hardware based business. But now world has changed Apple’s product portfolio has increased from almost 20 products in early 2000 to 90+ products and services in 2020.
Index funds were first invented in 1975 by Vanguard founder-Jack Bogle. As of today as well they are the best instruments for passive investing. They also serve as a benchmark and has outperformed individual stock performance in long run.
Definition of rich varies based on ambitions of individuals. Some may find success working at well-paid job and possibility to give enough time to family. Other may choose to pursue bigger goals and sacrifices personal life. But even after that, there are external forces such as government , taxes etc. which impact the worthiness of wealth.