ETFs that Investors Should Have in Their Portfolios

Not so long ago, in 1993, the exchange-traded fund, or ETF, made its debut in the U.S. It was a puny new runt on the investing block, staring up at the behemoth known as the mutual fund.
But ETFs have matured and are now the investment of choice for many people.
A recent study by Vanguard concludes that investing in ETFs has grown popular due to several factors, including their lower costs and greater trading flexibility when compared with mutual funds.
Bankrate asked five professional money managers to offer their take on core portfolio holdings that all investors should own. Following are their recommendations.  (more)

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