Friday, June 25, 2010
Funds versus ETFs
There are individuals who approach investing with a broad base of knowledge and experience. Some have plenty of time to pour over quarterly company statements, technical charts, economic data and to listen on conference calls. Others would rather do something else with their time in much the same way we don’t all spend evenings reading ‘dentistry for dummies’ so that we can perform our own root canal next week. And just so we’re sure on this point, the time limitation to going through all these exercises applies to the majority of financial planners and advisers too. For this reason, and because all investment platforms have to share one thing in common – diversification – the choice for many is to create diversification using the broadest investment products available. In other words, mutual funds and exchange traded funds (ETFs). (more)
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