Friday, December 17, 2010

Bogle Speaks: On Wall Street Greed and ETFs



I agree with Jack Bogle to a certain extent. ETFs have become a rapid trading vehicle for individuals and institutions, which helps Wall Street create trading profits. However, I do think ETFs, if used properly, can be a great investment tool for the average investor. I am a buy and hold ETF investor. I only intended to sell my shares after I enter retirement as needed to fund the necessities of life and to have some fun traveling.
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2 comments:

  1. DIY InvestorDecember 17, 2010 at 5:33 AM

    I agree with both of you. Many things in life are beneficial if used in moderation but unfortunately moderation is not some people's dictionary.

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  2. David LetoDecember 18, 2010 at 9:57 AM

    Bogle's correct when he says if you buy and hold you will make money. Its the constant trading and chasing of these ETF's that cause investors headaches and losses.

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