2007-03-02 09:03:01 · 3 answers · asked by blogger 2 in Business & Finance ➔ Investing
Exchange Traded Funds are pretty good investment products.
They are diversified. They have no management fee. They are traded like stocks. And they have an advantage over stocks in short-trading because unlike with stocks, there is no uptick rule for ETF's (i.e. Stocks can be shorted only when the price is going up, but ETF's can be shorted when the price is going up or down.)
2007-03-02 10:07:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Best? Meaning big returns? Or meaning good returns, no risk? A little risk? It's all in YOUR " comfort level".
Generally, I would say mutual funds in general are the best product for " the average Joe ( or Jane)"... A moderate allocation " balanced" fund should grow nicely...or the " index" funds are a possibility....but you are talking" years".Ypu've got to understand that! The main goal: better than average ( bank, CD) returns and a jump ahead of inflation.
When you were young, you probably heard some "old folks" saying things like " Why, I remember when a loaf of bread was 12 cents.." Some day that will be you... I know...I rember when a can of Campell's soup was 19 cents.....
2007-03-02 09:53:40 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
An index fund. No other single investment vehicle provides the returns of an index fund period.
Some might say individual stocks but the return of an index is going to be better in the LR (long run)...not to mention far less risky. And I can't think of a single stock which has outperformed the averages over the last 40 years.
2007-03-02 09:20:56 · answer #3 · answered by jw 4 · 0⤊ 0⤋