FANG Stocks
Categories: Index Funds, Investing
No, not a sector dedicated to blood products and manufacturers of silk-lined capes. "FANG" in this case represents an acronym for four of the most high-profile new economy stocks: Facebook, Amazon, Netflix, and Google.
Sometimes, people get expansive (and a little Dutch about it), turning FANG into FAANG. The extra "A" here is for Apple.
Of course, in 2015, the company that owns Google changed its name to Alphabet. So, to be accurate, there should be a third "A" and no "G"...FAAAN. Which, when said outloud, closely resembles what it sounds like when someone says the word "fan" while talking directly into a fan.
But the ticker for Alphabet remains "GOOG" (at least as of 2021), meaning that there's enough justification for keeping the original name of "FANG." Or "FAANG," depending on whether Apple is invited to the party or not.
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Finance: What is a Country Basket (Index...30 Views
Finance, a la shmoop. What is a country basket index fund?
All right we're picking daisies, marigolds, lilies so uh how do we [Pictures of flowers]
rephrase in Italian? Like, we want to fill a portfolio basket with just stocks [Pouring a glass of red wine]
representing the overall financial health of Italy. Is Italy healthy? While
they smoke a lot they drink a lot of wine they eat a bunch of pasta but there
always seems to be a woman from some small village who's celebrating her [Old woman at a birthday party]
117th birthday over there. Well a country basket is just an index fund of
stocks representing a country. Like we're doing Korea... South we're gonna have
in that basket dunno some Samsung, a load of Daewoo, a hunk of Hyundai and some [Company stocks being added to the basket]
nice barbecue on the side. That'd be our Korean country basket and it's a good
basket to fill if you're just bullish on a country but not really sure which
flower on which to place your bets. It's like instead of trying to decide between [The stocks in the basket turn into flowers]
roulette or poker or slots... Well you just buy stock in Las Vegas
Sands you know you bet on the entire casino, and bueno Fortuna you know good [Someone checking their cards in a casino]
luck there pal, doesn't the house always win? Yeah so why do people keep going there?...