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Tuesday, May 16, 2006
EFT's
Tired of Mutual Funds try trading EFT’s (closed end) Index funds .EFT’s (exchange traded funds) come in all shapes and sizes ,from traditional indexes like the S&P 500 ,the Dow Jones Industrial’s ,or sector funds like energy and technology or country funds like Brazil, Russia ,India ,China and so on. These funds can be purchased with a single commission and you don’t have to worry about large front end or back end loads. I use a simple asset allocation model to pick sectors .It is a great way for a long term investor or even a short term speculator to play international markets as well as commodities.
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