Bogle: Investors 'Getting Killed' in ETFs [View article]
Much rubbish here on ETF's. A dozen blind men 'analyzing' an elephant from trunk to tail based solely on where they stand. Some even have , apparently, their heads in dark places. Those indexes yielding investment appropriate to limited knowledge and resources as part of a comprehensive plan better serve them in the ETF than the comparable open ended mutual fund. The other ETF's stand or fall based on their particulaities as they are clearly explicated and available to a degree never approached in investing history. How one enters or exits these is another matter.
Vanguard's Bogle: Buy and Hold Is Alive and Well [View article]
"Buy and Hold" even when more popularly held was more honored in its breach than otherwise. Its absolute contravention presumes to require the investor's paramount attention. If such concentration is not possible, then he needs a proxy via professional management or, at least, advice. No doubt this sense of the matter is congenial to those who presume to make these divinations on the hapless investor's behalf; thus the current paradigm.
Opportunities in a High Correlation World [View article]
The wisdom of the ancients is never so wise as when it validates ours. It's not solely the indiscriminant apportionment of risk premium but, additionally, the lack of liquidity that requires the selling of those assets for which a market is still relatively available.
Largest Bond ETF Now Trading At a Massive Discount [View article]
Surely, those interested enough to own the security understand the Lehman 'connection'. The author isn't soliciting an arbitrage, merely pointing out that a mechanism to 'enforce' NAV exists and that it significantly distinguishes this security from any 'similarly' constituted CEF.
iShares ETF Tracking Error: Risks and Explanations [View article]
You can call it anything but such 'error' is hedging. I don't buy an index to have the 'consolidator' hedge for me. That is for the same reason I don't buy foreign securities or the same indirectly from the consolidator if they hedge currency.
Construct a Fixed Income Portfolio with 5%+ Dividends Using ETFs [View article]
Bogle: Investors 'Getting Killed' in ETFs [View article]
Vanguard's Bogle: Buy and Hold Is Alive and Well [View article]
Opportunities in a High Correlation World [View article]
Largest Bond ETF Now Trading At a Massive Discount [View article]
iShares ETF Tracking Error: Risks and Explanations [View article]