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Exchange traded funds, more commonly referred to as ETFs, are gaining momentum on the investment front as more people consider ETF investing as part of their financial mix.
According to a recent New York Times article ETFs: The Next Step For Average Investors “Average investors haven’t really latched onto perhaps the biggest investing innovation of the past two decades. Despite being low-cost, tax-efficient and easy to buy or sell at a moment’s notice, exchange-traded funds remain largely the domain of institutional investors and stock-market aficionados.”
‘Main Street still barely knows what they are,’ acknowledges ETF expert Matt Hougan of IndexUniverse, an independent Web site on exchange-traded and other index funds. That may soon change.”
The wave is sweeping the investment landscape and investing in them might soon be considered “cool”. Join the revolution and invest in ETFs.