How to Make Money in ETFs

Money Magazine’s undercover financial planner recently answered the question How to Make Money in ETFs (and how not to).

The undercover planner believes that financial advisers are not big fans of ETFs and regard them as a threat. With ETFs, individual investors can create a simple, low-cost portfolio that beats the pants off professionally designed plans. Why pay advisors 1.5% to 2% a year to do something that you could manage yourself?

The Mole recommends using ETFs that own the whole market at the lowest cost and have the greatest tax efficiency such as Vanguard Total Stock Market (VTI), Vanguard FTSE All-World Ex-U.S. (VEU) and Vanguard Total Bond (BND).

Be Sociable, Share!

, ,

Powered by WordPress. Designed by Woo Themes