March 23, 2008 at 1:00 am by Tom Lydon
While you are egg-hunting today, your mind may not be on your exchange traded funds (ETFs). However, you may want to consider how your nest eggs are doing at his point in time. ETFs have yet to break into the 401(k) area of the market completely, so by investing in a broad-based ETF, you could have your bases covered for the long term until something within the retirement industry gives.
ETFs are baskets of stocks that represent a certain sector of the market. For the widest variety of stocks there are plenty of choices, one example being Diamonds Trust Series 1 (DIA). The stocks range from Johnson & Johnson (JNJ) to Boeing Co. (BA), giving your basket the most variety.
And as you enjoy all of those chocolate eggs and
bunnies, are you really thinking about exchange traded funds (ETFs)?
While every household is likely to consume at least one chocolate
bunny, the PowerShares Dynamic Food and Beverage (PBJ) may get a sugar rush, too.
Holdings range from Yum Brands (YUM) to Anheuser Busch (BUD) giving Easter dinner with Auntie and Uncle a chance to kick in, too.
Happy Easter and may you find lots of eggs!
Tags: 401(k), Food & Beverage, Leisure & Entertainment, Retail & Consumer
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