02.03.11: A good article in the Star this morning explaining how ETFs (exchange traded funds) can fit into your investment strategy.
I have been using them for a short time and find them to be a good partner to my mutual funds.
The two things I like about them are explained:
1. lower mgmt fees
2. trade like stocks
Financial advisors probably don't prefer you use ETFs as they don't need to be involved as you can use any online bank to trade them, instantly or at a specific price, anytime you want ... for a fee.
But you do need to maintain your risk balance and not be overly tempted by how easily you can buy the high potential returns (higher volatility) funds.
Some of you have been in ETFs for quite a while and have been promoting them.
I am coming onside slowly but still prefer MFs as my safe haven and ETFs as my riskier investments.
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