Investing in the Gig Economy. There’s an ETF for That (Explainer)

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CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY


CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

It’s your partner’s birthday, and you want to do something special for the occasion. You whisk them away in an Uber to a charming little Airbnb ( (ABNB) – Get Airbnb, Inc. Class A Report), order a romantic dinner delivered by DoorDash( (DASH) – Get DoorDash, Inc. Class A Report), and then gift a stunning pair of artisan earrings that you bought on Etsy. Sound familiar? Welcome to the gig economy.

What Is the Gig Economy? 

According to the IRS, the gig economy includes an activity where people earn income by providing on-demand work, services, or goods, often through a digital platform like an app or website[1]. Gig work can include things like renting out a room or home on a short-term rental site, driving for a ride-hailing company, selling goods online, tutoring or performing a specialized professional service. For some people, gig work is a side hustle, something they do in addition to their day jobs to earn some extra cash. For others, it is their day job–it’s how they make a living. 

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY





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