While ETFS have many advantages over mutual funds, they have not been around long enough to address all issues that might affect their NAVs as Seeking Alpha reports in “Bond ETFs Suffer from Pricing Discrepancies:” Exchange traded funds (ETFs) have many of the built-in advantages that mutual funds have, but there are also differences. In my view, the biggest difference …
Sunday Musings: Missing The Point
A few days ago, I posted about Schwab’s venture into “Commission Free ETFs.” While I think that this move is a great step in the right direction, most readers who commented missed my point entirely by being more concerned about venting petty grievances. In case you don’t remember, back in 1992, Schwab was the innovator when they created the mutual …
How To Track Your Sell Stops
A convenient and efficient way to track sell stops has been on many readers’ minds. Tom had this to say: How can I get a fund or ETF price automatically downloaded into my personal investment spreadsheet? Setting sell stops based on new highs, etc. requires finding the price and manually entering it in the spreadsheet everyday. When I don”t look …
No Load Fund/ETF Tracker updated through 11/5/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpOur Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +7.52% keeping the current buy signal intact. The effective date was June 3, 2009. The international index has now broken above its long-term trend line by +12.24%. A Buy signal was triggered …
Commission Free ETFs
Charles Schwab Corp. has finally entered the crowded Exchange Traded Fund arena as MarketWatch reports in “Schwab lists first ETFs:” The financial-services giant, which boasts nearly 8 million brokerage accounts, listed four ETFs on the NYSE Arca exchange. The ETFs, which are baskets of securities that trade like individual stocks, feature low fees and represent a clear challenge to industry …
Misunderstanding The Trend Tracking Index
Reader Tom had this comment: A provoking question I thought about is: How do I get a fund or ETF based on your TTI? An ETF or fund with the return of your Domestic TTI of 8.53% would be nice. Tom is missing the purpose of the Trend Tracking Index (TTI). It is designed to determine market direction so that …