The exchange traded fund (ETF) fan club keeps on growing.
Brian Neill for the Bradenton Herald says that he’s staying away from most individual stocks. Instead, he’s spending more time on ETFs, and the more he learns, the more he likes them.
His portfolio is made of of some funds that help him rest easier at night:
Among one of Neil’s biggest themes he’s sticking with is caution. The ETFs he has in his portfolio are broad-based, so he gets a wide array of exposure. In the wake of recent volatility, broad baskets of stocks keep the risk factor lower than it would be with individual stock-picking.
So whether the renewed strength in the dollar helped his portfolio, or crude’s drop to a 3-month low, or simple magic, it doesn’t matter, because with ETF investing, you’re covered.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.