 try this. What's up money geeks Mr V here welcome to another video guys so into this video I want us to talk about my top lithium ETFs again I want you to consider investing in lithium because lithium is what most of the electric vehicles are going to be using to build their batteries so we have gone through a learn release of different companies that are coming out or startups that are coming out telling us that they can start building their own cars or building batteries for electric vehicles but if you look at what's in common to all those cars is the battery and lithium is the main component of those batteries so I want you to get some exposure into lithium companies and in this case if you compare these to something like Exxon and BP I want you to have the equivalence of that but in the electric space which are the companies that are producing the lithium that is used to build batteries so that's what I want you to cover today but I've actually gone through with a video where I showed you my top five lithium companies but if you don't have time to research or to buy all those companies you can buy an ETF which is an exchange traded funds that allows you again exposure to all these other companies while minimizing your risk so that's what we're going to cover in today's video but before we get started guys if you're new to the channel we took about how to earn money how to save money how to invest and build wealth so if that's something that interests you go ahead and hit that subscribe button and your notification bell so you don't miss out on new content so again exchange traded funds are used for you to get some diversification in your portfolio while minimizing your risk so in this case we're going after a specific sector which is electric vehicles and all these vehicles have lithium batteries and you have suppliers they're somewhere in the united state in asia different companies that supply this this lithium to these companies so which ones are you investing you can invest in all by buying an ETF so the first one is global x lithium and battery tech ETFs so global x lithium and battery tech ETF invest in a range of companies that produce lithium and make lithium-based batteries therefore providing exposure to both lithium and battery market which is great so you want that balance so over 70 percent of its investments are in the asian companies so this is again this me this is one that's scary a little bit the fact that 70 percent of the investments are in asian companies i don't really like that but majority of the lithium that you see is sourced from asia so tesla gets you have lithium from asia and so there's other companies in the united states that are starting to come up in in australia and the uk so i want to see those guys coming and as the demand for lithium goes up you're going to see more and more companies that popping up in and getting into the game so again this is the top the list of the top companies so if you see the first one at a 10.45 percent in the portfolio is um i'll be marley and that's one that i covered again guys back when i did a video about my top five lithium stocks so you guys definitely go check that one you see teslas in the algae chem uh byd in all these other companies so definitely go check them out number two is their battery tech and lithium ac dc so these are particularly it is again investing companies all around the world like i said from asia to europe to south america to australia and in the united states but again majority of their portfolio is actually um chinese or asian based companies uh just because for some reason lithium is really um mine it's highly mined in those in that part of the world so if you look here at some of these the companies that you saw in the first one uh appear in here like tesla like byd again that is you can choose between these two it's if you don't need to buy both of them because they kind of give you even about the same exposure in the market so again guys the reason why i want you to consider uh looking into etf is that if you don't have the time to research all these other lithium companies individually these guys have already done the research and that's why they're putting all these companies in the etf so you can just buy that etf and let it go and these guys would move and add different companies into the etf as they see the performance so they see a company that's not really performing you're going to kick that one out and bring in another company that it's performing at just standard so that's something they want to see and how do you choose between the two etfs the best way to do it is to look at their performance look at their rate of return so look at five years rate of return five or ten years how has this particular etf been performing if the rate of performance is better for one than the other one and then that's the one you go with because obviously they know what you're doing and they're selecting a better lithium company so that is the way that i would approach it so that's my top lithium etfs that i wanted to share with you guys again if you don't have time to research all the individual companies etfs are the way to go but there's a downside here the rate of returns with etf is not as great as you would have with individual stocks but your risk factor with etfs is relatively low compared to individual stocks so that's something that you want to keep in mind again guys if you're new to the channel we talk about how to earn money how to save money how to invest and build wealth and if that's something that interests you go ahead and smash that like button and any notification bell so you don't miss out on your content and as always guys always make sure you do your homework don't be a greedy savage and stay motivated