| ETFs (or exchange traded funds) are kind of like | | | | traded funds capture the best |
| mutual funds in a way. Each ETF has a basket of | | | | aspect–diversification. You can find an ETF for |
| stocks chosen by whoever issues that ETF. You | | | | virtually any and every investing approach these |
| can get a huge benefit by buying ETFs verses | | | | days. If you wanted to buy a collection of stocks |
| stocks, one by one. | | | | in the oil sector instantly, you could. You can get |
| Did you know that you can by exchange traded | | | | into energy stocks quickly with an ETF too. So |
| funds just like stocks? Yep. No load fees. No | | | | much potential. For example, iShares has lots of |
| management fees. And no extra expenses. For | | | | ETFs you can invest in. You'd have a hard time |
| example, if your broker charges $7 per stock | | | | finding a mutual fund that isn't available in |
| trade, you'd pay $7 to buy an ETF and $7 to sell | | | | exchange traded funds form. |
| an ETF. Just like individual stocks, your ETF will go | | | | ETFs are exploding. They are now an investment |
| up and down and you can track it by putting in its | | | | vehicle of the pros. You just can't beat ETFs for |
| symbol at a place like Yahoo Finance. | | | | quick diversification or industry control. If you |
| Secondly, you can trade ETF's all day during | | | | want to invest in an ETF, contact your local stock |
| normal trading hours. Unlike your normal mutual | | | | broker. |
| fund, you don't have to wait until the day is over | | | | Gold is hot right now. Make sure you check out |
| to get into or out of your position. This limits you, | | | | symbol:GLD for the best gold exchange traded |
| especially if a major event occurs in the middle of | | | | fund. This is the one I've invested with and you |
| the trading day that might affect the value of | | | | see mentioned all the time on shows on CNBC |
| your mutual fund. I love ETFs. | | | | and other stations. |
| It's not all anti-mutual fund though. Exchange | | | | |