ETFs

[dawgball]

Exchange Traded Funds or Index Tracking Stocks

What is everyone's take on this vehicle of investing?

I think this is the perfect investing mode for a novice investor who wants more control over their finances than just handing their money to a financial advisor or mutual fund (which is what a financial advisor is probably going to do anyway with, of course, another layer of fees).

If you are looking for a safer vehicle than individual stocks but a better (imo) way than mutual funds, check out ETFs.

You can find a lot of information on these funds at www.amex.com under the ETF link.

 

[selkirk]

Dawgball it is a good way to begin investing. low fees, diverisfy in many sectors.

then build up stocks, mutual funds, fixed income/bonds, ect.

some mutual funds have a history of outperforming an index. You want to invest in the best, since an average mutual fund probably will trail the index it is tracking.

would begin with a few ETF and then look at mutual funds and stocks once the investor has more time to reseach these investments. (with a broker or without)

thanks
selkirk

 

[djv]

I agree a nice place to diversify your investments. We should use as many tools as we can.