{"podcast":{"title":"Money Lessons with Andrew Temte, PhD, CFA","slug":"money-lessons-with-andrew-temte-phd-cfa-6946211","podcast_index_feed_id":6946211,"rss_url":"https://feed.podbean.com/saturdaymorningmuse/feed.xml","website_url":"https://saturdaymorningmuse.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/18433088/Podcast_Artwork_ML9tsgd.jpg","author":"Andrew Temte","episode_count":154,"summary":"Tune in every Saturday Morning, for Andrew Temte’s insights into personal and professional continuous improvement with a focus on improving financial literacy and financial decision-making.","last_synced_at":"2026-09-19T16:21:32.767166+00:00","page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211"},"episode":{"title":"The ETF: Trade It Like a Stock, Hold It Like an Index Fund","slug":"the-etf-trade-it-like-a-stock-hold-it-like-an-index-fund","published_at":"2026-07-03T16:06:01+00:00","page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/the-etf-trade-it-like-a-stock-hold-it-like-an-index-fund","show_page_url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211","url":"https://saturdaymorningmuse.podbean.com/e/the-etf-trade-it-like-a-stock-hold-it-like-an-index-fund-1783094761/","audio_url":"https://mcdn.podbean.com/mf/web/ppkdv7jg8by36ad2/ML_73266jwnh.mp3","summary":"In this episode of Money Lessons, Andy explains the exchange-traded fund — the ETF — the vehicle most people now use to own a whole index in a single trade. He traces it back to the first one, State Street's SPDR, launched in 1993 to track the S&P 500, and shows how an ETF differs from the index mutual fund Jack Bogle created in 1976: one trades all day on an exchange like a stock, the other prices just once, after the close. Andy pulls back the curtain on the creation-and-redemption process — the quiet arrangement with large firms that does the real index buying and keeps an ETF's price tied to the value of the stocks it holds. The takeaway: an ETF lets you trade like a stock, but the soundest way to own one is to hold it like a long-term investor. AndrewTemte.com","meta_description":"In this episode of Money Lessons, Andy explains the exchange-traded fund — the ETF — the vehicle most people now use to own a whole index in a single trad…","key_points":[],"chapters":[],"topics":[],"duration_seconds":726,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/money-lessons-with-andrew-temte-phd-cfa-6946211/episodes/the-etf-trade-it-like-a-stock-hold-it-like-an-index-fund/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/the-etf-trade-it-like-a-stock-hold-it-like-an-index-fund.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}