Low volume (illiquid); I use 500,000 daily average.
Too new (need history of at least one major up and down cycle);
preferably 5 years ( at least 3 years).
Active management (defeats the objective of following an index);
"unproven" attempts to seek alpha.
JohnDof TX3:50PM February 26, 2009
I think he meant that collectible 28% only apply to collectible metal like gold. Other ETF could satisfy as 15% capital gain.
bankfinancierof PA4:27PM February 01, 2009
For long term traders,the best and most low cost vehicles are actually the futures.Problem is,speculators try to operate on minimum margins,and suffer when they get stopped out.If you leave sufficient margin,and the future goes the way you traded,you make a profit - provided your broker stays solvent.The same cannot be said for ETFs - which can decay as the underlying index goes up and down.
DANIEL P VICTOR2:18PM January 21, 2009
This article is very helpful. Where can I find more information on ETF tax structure?
of CT9:33AM January 14, 2009
thanks well written :) www.clousfamily.com (if I've got to give my email to comment :)
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JohnD of TX 3:50PM February 26, 2009
bankfinancier of PA 4:27PM February 01, 2009
DANIEL P VICTOR 2:18PM January 21, 2009
of CT 9:33AM January 14, 2009
Scott Clous of FL 7:27PM December 09, 2008