Kevin Ndlovu
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ETF'S
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Last week I bought two ETF funds? Is this a good move or it was a wrong thing to do. Can some of you experts out there help me. | ||
Comments (2)
It depends on the ETFs. ETFs can be a great way to invest in a hot industry or country when you don't know much about that area. Since there are short ETFs, it is also a good way to make short bets if you don't feel confident handling shorting on your own. And the StrategyLab contest doesn't allow shorting any other way. The contest allows only 25% of your holdings to be in ETFs; so you have to decide how to use them most effectively.
Posted by toroandbruin | April 21, 2008 3:08 PM
I looked at your portfolio and am assuming you bought QQQQ and SSG. Are ETFs good or bad? Depends on who you ask and depends on whether or not you make money! I posted an entry back in late Jan/early Feb regarding ETFs. I like them, but they should be employed for your own specific purpose.
----Jonathan
Posted by Jonathan Coyle | April 21, 2008 3:54 PM