This article is aimed at introducing mutual fund investors to good old basic index and sector ETF's which contain nothing more than the underlying stocks.
The Standard & Poors composite index (SPY) beats the living tar out of most mutual funds with very little costs.
To those considering ETF's, don't throw the baby out with Kennard's bath water.;-)
And Kennard, where's my share of your cocktail!
Jack Bogle and I agree.