Thursday, January 19, 2017 - Wyatt Smith is a student at the University of Central Florida who will be graduating in 2017. He has been a prominent player in the ETF Global Portfolio Challenge since its inception but this past semester he was a standout as he placed 1st in our highest played competition to date!
We asked Wyatt a few questions about the game and his career aspirations – here’s what he had to say:
Q. What's your biggest takeaway from the ETF Global Portfolio Challenge?
A. Practice is the prequel. Through the ETF Global Portfolio Challenge, I was able to take advantage of rebalancing strategies while leveraging access to a multitude of different market sectors, indices and commodities to be successful. The opportunities that accompany the ETF Global Portfolio Challenge have assisted me in identifying trends and growing my knowledge base on the use of Exchange-Traded-Products. Learning this and applying it to the markets in a simulated manner has been extremely advantageous in applying investment hypotheses.
Q. What are your career aspirations?
A. My aspirations focus on serving others with their investments. Whether it is working as an Investment Adviser and applying sound, specific financial recommendations for clients, or as a licensed Agent of a broker-dealer to execute trades and requests for my book of investors, I would be doing what I am deeply passionate about. I would not be opposed to gaining experience in either avenue of this diverse industry.
Q. What did you learn about ETFs and investing?
A. ETFs have been a great educational tool for me, as it has been for many students and aspiring investors. ETFs capture overall industries, sectors, indices and commodities with all of the exposure to the systematic and unsystematic risk of the market. They provide diversification and are extremely useful to money managers who expose their clients to specific areas of the market while still remaining diversified. What has been most educational and experimental for my own experiences are the different implementation/trading methods that can be executed through the use of leveraged funds.
We thank Wyatt for his participation in this survey and commend him on his impressive performance in our portfolio challenge.
Enrollment (Free) for the Spring 2017 Portfolio Challenge is currently open until Friday, February 17th at www.etfportfoliochallenge.com. We invite all college students to compete and learn about the markets and the fast-growing world of ETFs.
Thank you for reading ETF Global Perspectives!
ETFG 21 Day Free Trial: https://www.etfg.com/signup/quick
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.
ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision. ETFG’s opinions and analyses do not address the suitability of any security. ETFG does not act as a fiduciary or an investment advisor. While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested. Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate. Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.