It was State Street Global Advisors that launched the first exchange-traded fund (ETF) in 1993 with the introduction of the SPDR. Since then, ETFs have continued to grow in popularity and gather assets at a rapid pace. The easiest way to understand ETFs is to think of them as mutual funds that trade like stocks. This trading characteristic is one of the many features that have made ETFs so attractive, particularly to professional investors and individual active traders. (For a background on what ETFs are and how they work, check out Introduction to Exchange-Traded Funds.) The Benefits of Trading Like a Stock.
A vending machine is a machine that dispenses items such as snacks, beverages, alcohol, cigarettes, lottery tickets to customers automatically, after the customer inserts currency or credit into the machine. The first modern vending machines were developed in England in the early 20th century and dispensed postcards.weden's Distec company invented the bokomaten machine to vend library books at remote locations and during off hours. The first library vending machine in the United States is located Norman, Oklahoma and is part of the Pioneer Library System.
One truth about vending machines is both a pro and con: They can be expensive, but the cost of starting a vending business is substantially less a storefront business. Mechanical vending machines can cost several thousand dollars.Larger electronic units can cost more, unless you buy them wholesale. If you have 10 mechanical machines to start, your initial investment for machines and products can be $20,000 to $30,000.ending machine businesses can include single-item purchases like drinks, candy and salty snacks or bulk machines that dispense a handful of candy or nuts. Many with vending routes use a variety of machines.