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Kevin Grewal

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  • A Quick Overview of Precious Metals ETFs [View article]
    Thank you all for catching the typo on AGQ. It is a leveraged play on the silver markets and not an inverse ETF.
    Apr 20 11:03 PM | Likes Like |Link to Comment
  • Silvery Play: 5 ETFs [View article]
    Sorry,
    There is a typo above. The current gold:silver ratio is about 37:1 and not 65:1.

    Kevin
    Apr 8 02:35 PM | 1 Like Like |Link to Comment
  • Three ETFs Impacted by Food Prices [View article]
    DBA is based on an index which includes the aforementioned commodities. Here is a link:

    www.invescopowershares...
    Mar 7 03:01 PM | 1 Like Like |Link to Comment
  • 3 ETFs to Play the Global Water Shortage [View article]
    Thanks Jonathan. I did forget to mention FIW, which is an excellent play on water.
    Feb 17 10:31 AM | 1 Like Like |Link to Comment
  • Two Latin American ETFs for 2011 [View article]
    One can play Chile through the iShares MSCI Chile Index (ECH) and Peru through the iShares MSCI All Peru Capped Index Fund (EPU). Unfortunately, as of now, there is no direct play on Argentina or Uruguay. Another notable mention here is the Guggenheim Frontier Markets (FRN), which allocates nearly 33.25% of its assets to Chile, 7.77% to Argentina and 5.49% to Peru.
    Jan 13 09:24 AM | Likes Like |Link to Comment
  • Just One ETF: The 'Other' Precious Metal, For Industry or Currency [View article]
    They are no different than the indicators seen on financial pages. If you chart an ETF on Yahoo and include the moving averages, they are EMAs.
    Sep 3 10:24 AM | 1 Like Like |Link to Comment
  • Three Option-Employed ETFs to Help Cushion Losses [View article]
    They work by utilizing covered calls, which consist of going long on an underlying index while selling call options on the same underlying index. This strategy generates additional income through the premiums received from selling options. Additionally, covered call ETFs often pay a healthy dividend yield related to both the underlying long position and the premium they receive from writing the call options.

    It is important to keep in mind that this covered call strategy generally works when the markets are declining and tend to outperform when markets are soaring. When markets are rising, the call options sold can come in-the-money and offset gains generated by the long position in the underlying index.

    Hope this helps,

    Kevin
    Aug 13 09:22 AM | Likes Like |Link to Comment
  • India Infrastructure ETF Destined to Shine [View article]
    Change to last paragraph:

    Lastly, the Indian government has addressed the need for upgraded infrastructure and has already pledged to spend more than $1 trillion over the next five years on improving infrastructure in its nation.
    Aug 11 05:14 PM | 2 Likes Like |Link to Comment
  • 5 Reasons the U.S. Will Likely Emerge From the Great Recession Stronger Than Ever [View article]
    CautiosInvestor,

    Indeed, China is the largest exporter of goods in the world; however, when considering both goods and services, the U.S. tops both China and Germany with nearly $1.5 trillion in 2009, or nearly 10% of the global total- the point that is being made in the article. It is equally impotrant to consider the services like data-processing, telecommunications and medical services that are exported by the U.S.. Perhaps, I should have been a bit more clear in the article.

    Kevin
    Jun 10 09:27 AM | 2 Likes Like |Link to Comment
  • 3 Forces to Support Gold Prices [View article]
    Sliman,

    The differences between the two are many. GLD is backed by gold bullion, is the most liquid of gold ETFs, carries an expense ratio of 0.40% and is treated as a collectible by the IRS. This means that gains are taxed at 28% regardless of holding periods.

    DGL is an ETF which seeks to replicate the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold Excess Return, carries an expense ratio of 0.75% and its underlying assets are futures contracts on gold. As a result, DGL is taxed utilizing the 60/40 rule meaning that gains are taxed 60% at long-term capital gains rates and 40% at short-term capital gains rates, regardless of holding periods.

    Additionally, returns generated by DGL are dependent on changes in the spot price of the underlying asset, interest earned on un-invested cash, and the “roll yield” incurred when expiring contracts are sold and the proceeds are used to purchase longer-dated futures. So while the returns generated by the DGL will be similar to changes in the spot price of gold, they won’t be identical.

    As for GLD, returns are generally only impacted by changes in the spot price of gold.
    Jun 2 01:23 PM | 1 Like Like |Link to Comment
  • 3 Forces to Support Gold Prices [View article]
    The price points for the mentioned ETFs are as follows: GLD at $115.35; GDX at $47.58; DGL at $41.92.
    Jun 2 09:14 AM | Likes Like |Link to Comment
  • 4 Ways to Play the Sovereign Debt Crisis [View article]
    Donald,
    Thanks for the insight.
    May 19 09:46 PM | 1 Like Like |Link to Comment
  • Playing Windows 7 With ETFs [View instapost]
    One could buy MSFT, I am just pointing out that there are other, diversified, ways to play MSFT which also enable one to gain exposure to companies like AAPL, GOOG, IBM and CSCO.
    Feb 1 09:25 AM | Likes Like |Link to Comment
  • August 2009 Same-Store Sales: Not Good, But 'Less Worse' [View article]
    This is indicative of the fact the consumer is holding onto his wallet and spending only on essentials. That too, the consumer is shopping around and choosing discount retailers to shop at.

    smartstops.blogspot.co...
    Sep 3 03:54 PM | 1 Like Like |Link to Comment
  • Bank Failures Way Up [View article]
    The TARP program didn't eliminate toxic assets from balance sheets, instead it infiltrated the financial system with dollars to help stabalize a faltering sector. These toxic assets are still on banks' balance sheets and could potentially be harmful in the future. For this reason it is no surprise that some banks are failing.

    smartstops.blogspot.co...
    Aug 17 03:34 PM | Likes Like |Link to Comment
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