Episode 72 - Your portfolio is what you buyRemember that old adage you are what you eat? Well the same is true for investing. Your portfolio is what you put into it.Let’s be honest. Do we really think enough about what we eat before we eat it? If you knew all the preservatives and chemicals and other stuff you were putting into your body every time you sat down for a meal you might think twice about many if not some of your food choices.The same can be true for investing. If you knew what was inside of the ETFs, Mutual Funds and Closed End Funds you buy, you might think twice about owning them. Just because you are looking at 2 different ETFs does not make them similar. In fact they can be more different from one another than the stocks of two individual companies might be.Let’s take a deep dive into two ETFs. One is an indexed investment focused on growth. The other is a concentrated investment focused on income. Like with all investments we need to compare the benefits and the risks associated with each to help us decide if either or both might be right for us. To help compare the two we will look at a fishing metaphor to try and explain how the two are so different, but also have some similarity or cross over.Investments discussed will include:iShares Core S&P 500 ETF Ticker: IVVYieldMax NVDA Option Income Strategy ETF Ticker: NVDYNow let’s go fishing!

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