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To: Kennard
You and I both know that buying leverage ETF's (which are holding swaps most likely from Citicorp and Morgan) and futures contract ETF's and inverted or short ETF's are probably not a good idea.

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!

35 posted on 01/11/2014 4:14:20 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: RoosterRedux
The Standard & Poors composite index (SPY) beats the living tar out of most mutual funds with very little costs.

Jack Bogle and I agree.

39 posted on 01/11/2014 4:52:06 PM PST by Praxeologue
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