June 15, 2006
ETF's good or bad?
The last 4 weeks have really been interesting for me.
I have truly found a new tool for trading extremes.
ETF's, while still illiquid in many cases, are the new new thing for all types of investors.
You must adjust position sizing for the illiquidity factor, but when all is said and done
WHY OWN STOCKS.
It will help when options make their entrance into the ETF space but they will.
Owning a piece of Templeton Russia dopwn 50 percent feels much different than owning a ukrainian mining stock down the same amount.
Whether purists argue with me I could care less_if you want to trade the markets, learn the ETF's.