FYI: 1993 was a banner year for breakthroughs.
The World Wide Web opened to the general public, forever changing the way we gather and distribute information around the globe.
NASA put a pair of “glasses” on the Hubble Space Telescope, bringing its pictures into focus and showing us the wonders that exist beyond our atmosphere.
And ETFs (exchange-traded funds) debuted in the United States, making an indelible impression on how we invest. In the 25+ years since, ETFs have become an increasingly attractive way for investors of all types to harness the powerful combination of diversification, tax efficiency, and low costs that comes with indexing.
Regards,
Ted
https://vanguardblog.com/2019/04/05/etfs-past-present-future/
