etf is closed end muture fund. but if you are talking about $3000, you need to make good profit to cover all the brokerage account fee, commission fee &....
These leveraged ETFs are for short term trading only.
I ran an analysis on the long term erosions of these funds and found that the expected loss is about 1.5% every 3 months.
快樂牛郎 發表於 2009-5-28 10:22
We are aware of the erosion of those leveraged ETFs. How about those ETF that are not leveraged? I thought they are just like mutual funds.
I don't buy any ETF because the market is very unstable. ETF is just like mutual funds, where the loss/profit will be even-out, that means no profit for long term holding. As you can see, ETF is like gambling, you are predicting whether the market is cow or bull, you need to be constantly monitoring them.
As I said, I am doing researches right now on the ETF I listed.
I am still holding my "energy and natural resources" just to be safe.
Which stock or ETF do you have now?
peter236 發表於 2009/5/27 23:38
These leveraged ETFs are for short term trading only.
I ran an analysis on the long term erosions of these funds and found that the expected loss is about 1.5% every 3 months.
發表於 2009-3-6 07:39
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