2007-03-25 04:18:51 · 5 answers · asked by Petarded 1 in Business & Finance ➔ Investing
ETF is an Exchange Traded Fund. They are a group of stocks with similarities to mutual funds. One of the key differences is that that are traded during the day, just like stocks, as opposed to mutual funds where you can only by or sell them at the day's closing price.
There are several hundred ETFs available today. The original and most populare are QQQQ which is the Nasdaq 100, DIA which is comprised of the DOW 30 stocks, and SPY which is comprised of the S&P500 stocks.
With all the new ETFs available, be watchful of the trading volume. Just like a stock, if the ETF trades only 50,000 shares or less per day, you may have to accept a low bid price to unload in a hurry.
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2007-03-25 04:59:50 · answer #1 · answered by SWH 6 · 0⤊ 0⤋
Exchange Trade funds are called ETFs. The most safest way of investing is choosing the ETF that too on long term basis
2007-03-25 12:39:14 · answer #2 · answered by saj_km 1 · 0⤊ 0⤋
exchange traded funds. Basically mutual funds that trade like stocks.
2007-03-25 11:39:18 · answer #3 · answered by NYC_Since_the_90s 6 · 0⤊ 0⤋
Spots to get the " real" details:
http://www.finance.yahoo.com/etf
http://best-of-etfs.com
http://www.ETFConnect.com
click around in those sites and you get to understand them.
2007-03-25 22:01:45 · answer #4 · answered by jebediabartlett 6 · 0⤊ 0⤋
extra-terrestrial fractions...factions...
2007-03-25 11:26:12 · answer #5 · answered by Anonymous · 0⤊ 1⤋