Why Invest in Exchange Traded Funds?
Exchange traded funds (ETFs), along with index mutual funds, are the only stock investments that most investors should consider. With increases in mutual fund fees and trading penalties in recent years, ETFs have become the savvy investor's funds of choice. Here are a few reasons why:
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No sales loads.
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No manager risk.
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Automatic diversification.
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Lower volatility.
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Lower operating costs.
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Fewer capital gains taxes.
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Higher gross returns (stocks and bonds).
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Even higher net returns.
Read more about the benefits of ETF investing (from Yahoo Finance).

