2006-06-13 11:25:21 · 3 answers · asked by Kevin D 1 in Business & Finance ➔ Investing
I completely disagree with "the_biggest" ignoramous.
Why would anyone pay a Mutual Fund fee and a transaction fee to someone you don't even know to do something that you can easily do yourself? Mutual Funds are always "in" the market, whereas you can get out at high risk periods, like now.
With just a little market knowledge, you can easily outperform a Mutual Fund because of the fees they charge.
"Must have" ETF's? Didn't know there was such a thing.
2006-06-13 12:58:04 · answer #1 · answered by dredude52 6 · 4⤊ 2⤋
I frankly believe that ETFs are a poor investment vehicle. Essentially an ETF is an unmanaged mutual fund that you have to pay a transaction fee to purchase. As far as I'm concerned, I'd open an account at Fidelity (perhaps even an IRA account since you may want to have this money be part of retirement), then invest in any of Fidelity's mutual funds. I've done this and I think they have a great selection of funds.
2006-06-13 18:28:52 · answer #2 · answered by the_biggest_bear 2 · 0⤊ 0⤋
Utilities such as XLU, growth ETFs; Latin American ETFs such as ILF, EWW and EWZ and the South Korean ETF EWY.
2006-06-13 18:52:56 · answer #3 · answered by gregory_dittman 7 · 0⤊ 0⤋