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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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09-22-2005, 11:57 AM
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#1 |
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Confirmed User
Join Date: Nov 2004
Location: Vancouver, BC
Posts: 301
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Exchange traded funds
i don't know anything about stocks, but i was in a waiting room reading this stock magazine and it talked a bit about ETF's....does anybody know more about these? They sounded pretty solid...
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09-22-2005, 05:22 PM
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#2 |
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Confirmed User
Join Date: Sep 2003
Location: Troy, Michigan
Posts: 168
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They are groups of stocks (or bonds) that trade like stocks. They are a way to play an industry or country for example. They are no more solid than the stocks that make them up. Don't invest in anything you don't understand. They can trade above or below the underlying assets and carry a small management fee)
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