00:00It's Benzinga bringing Wall Street to Main Street.
00:02Retail investors trying to beat the market by buying individual stocks and complex exchange
00:07traded funds may be better served by broad market index funds, according to Elm Wealth founder
00:13Victor Hagani. Speaking on CNBC's ETF Edge, Hagani said,
00:19Investors remain vulnerable to biases that lead them to expect recent market trends to continue.
00:25He warned that individual investors face challenges competing with firms that spend heavily on
00:30technology. However, RBC Capital Markets Valerie Grimba said sophisticated ETFs can help investors
00:37participate in investment themes without selecting individual winners. She added that derivative-based
00:43products can generate income, but investors must understand the holdings and trade-offs of the
00:49strategies they choose. For all things money, visit Benzinga.com.
