Im looking st two ETF that follow the S&P index.. Both have the same patterns over a 5 yr trend. but one is 160 a share oppose to other which is about 70. Is there any difference? i could be buying more more shares at 70... any opinions?
2007-11-14 12:52:07 · 4 answers · asked by simaticoo 2 in Business & Finance ➔ Investing
Given these days...Look for the one with the lowest expense.
Price mattered in the old days when you were charged extra for buying in odd lots (not a multiple of 100).
2007-11-14 12:55:41 · answer #1 · answered by feanor 7 · 0⤊ 0⤋
I would buy the ETF that has a higher average daily trading volume.
Higher trading volume stocks usually have a smaller spread between ask and bid. And this smaller spread means that you will get a better price when you buy these stock and when you sell.
Also, the higher trading volume ETF will likely have stock options available for its shares. And stock options for your ETF is something you might want to buy at some point in time as an insurance against a large loss of value in your ETF.
2007-11-14 14:26:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It makes no difference. You're investing the same amount of capital no matter how much the shares are.
It's like asking which is worth more, two $10 bills or one $20 bill?
2007-11-14 12:57:47 · answer #3 · answered by Sean 2 · 1⤊ 0⤋
dont ,market is giong down from here- im a broker
2007-11-14 12:55:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋