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View Full Version : Are ETFs about to be the new hot deal while the markets continue thier ways?

CSSVT
10-12-2008, 03:28 PM
ETFs never really came to my attention until all of this started to go down hill. Not it's as if every time I turn on a program talking about the economy they are mentioned. So are ETFs what people are looking at as a safe bet? Bet against or for a full sector rather than one or two companies? They're definitely interesting movers over the past few weeks.
mark_brantford
10-12-2008, 06:06 PM
They're a little safer than my Wamu was, that's for sure! :rolleyes2:
CSSVT
10-12-2008, 07:59 PM
They're a little safer than my Wamu was, that's for sure! :rolleyes2:

LOL at least you can take big losses with a grain of salt :).
Bolimomo
10-13-2008, 08:42 PM
..... So are ETFs what people are looking at as a safe bet? Bet against or for a full sector rather than one or two companies? They're definitely interesting movers over the past few weeks.

ETF is only "safer" in eliminating one bad apple in a box. But if the price of apples go down in general, it is no "safer".

Yes there are different ETFs to let you invest/speculate on a basket of stocks in a given industry (or mimic a given index).
CSSVT
10-13-2008, 09:35 PM
ETF is only "safer" in eliminating one bad apple in a box. But if the price of apples go down in general, it is no "safer".

Yes there are different ETFs to let you invest/speculate on a basket of stocks in a given industry (or mimic a given index).


That's what I meant in safe....safe-ER...as in "I think a majority of financials will go up but I do not want to risk it on one or two so I'm going to go with an ETF."
LongArm
10-13-2008, 09:46 PM
That's what I meant in safe....safe-ER...as in "I think a majority of financials will go up but I do not want to risk it on one or two so I'm going to go with an ETF."
Yes, I think that's very smart under the circumstances, and I've been planning on doing the same thing in my IRA when the time is right.
cramerica1972
10-14-2008, 12:23 AM
be careful with etf's u may be on the hook 4 a huge tax bill b/c of phantom profits.
LongArm
10-14-2008, 09:31 AM
be careful with etf's u may be on the hook 4 a huge tax bill b/c of phantom profits.
Yeah, that's with some of the commodity ETFs only.