Exchange Traded Funds made quite an impression in 2006 and ETF’s look to make and even bigger splash in 2007.
The ETF is a great thing if you want to get into many a mutual fund but don’t want to deal with going through a management firm. Most management firms make you join with a lump sum and only allow you to buy with a certain amount. This can put a lot of restrictions on your investments.
With ETF’s you can buy and sell shares of “funds” just like a stock on any stock market. You can use your online discount broker to buy the shares and sell the shares. You can get into funds like SLV which trades silver or FXI which trades china related companies.
To find the most traded funds in one place and get into the funds look at iShares.com. It’s the company that’s putting ETF’s on the investment map and will be your single resource to find an ETF on everything.
If you’re looking for a good investment vehicle that’s as safe as some mutual funds but as easy to day trade as stocks then ETF’s are the thing for you.
