Monday, June 06, 2005

Outside the Box: Heavy-hitting ETFs could be the industry's ticket - Financial - Financial Services - Mutual Funds

Soon there will be an EFT fund for every investment you might name. Every thing from Oil stocks to "short" stocks.

This is a welcomed development. My only lament is that the fees in some of these funds will approach the fees of some managed mutual funds.


EFT's are powerful tools for individual investors and for financial advisors. Financial advice will be one of the great growth stories of this decade and the next one. EFT's purchased through discount brokers are clearly growing in popularity.

I usually avoid funds because there is no carrying costs to individual stocks. Funds offer comfort to those who are the least bit skittish about individual stocks.

Our accounts are up almost 2% again today. It is fun to beat the market!