ETFs: High Tax, High Expense, and Inefficient [View article]
This article paints ETFs with a the brush the size of godzilla. There are thousands of investments with high expenses, high taxes and inefficient. ETFs, especially the passive ones involved with indexing, are generally passive and fairly inexpensive. If I invest in any two etfs I'm into active investing? Article is correct about caveat emptor based on the alchemy of certain ETFs, especially the highly leveraged kind, so the message is do your homework. Then there is a mention of ETNs which are different investment beasts entirely.
ETFs: High Tax, High Expense, and Inefficient [View article]