Oct 21, 2010

ETFs - I Bought Some

10/23/10 - Back on Oct 9th, I indicated i would be getting into Exchange Traded Funds (ETF) if they were a relatively safe way of investing in the shorter term (important to those over 60).
After extensive reading (i still do not fully understand how ETFs work), i decided to buy these three:
1. HBP S&P/TSX Global Base Metals Bull + ETF
2. HBP MSCI Emerging Markets Bull + ETF
3. HBP COMEX Gold Bullion Bull + ETF


Here is a chart showing how most ETF type gold, base metals and emerging markets stocks are doing right now.


It still appears to be a good time to invest in precious metals and base metals, as world demand (China and India) is on the rise.






Let's see how they do ...

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