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Cost of Trading ETFs
- Thread starter dac8555
- Start date
Quote from Surdo:
BUY low and SELL high, that's all you need to know Bro.
Surdo,
Thanks you confirmed what i have been thinking, i guess some of the articles i read were a bit confusing to me. Probably written by a mutual fund manager trying to justify his extistence.
by the way i prefer "buy high..sell higher"...strangely, there is a big difference.
suerte
Quote from dac8555:
I read a few article where people said "if you trade them too much, they get expensive".
But the only charges i see are annualized...so:
Dan
Dan,
The articles you read are probably comparing ETFs to Mutual Funds as INVESTING instruments. Many people dollar cost average into investment accounts. Using ETFs can get expensive since you would pay a commision with every deposit as opposed to depositing into a NTF mutual fund.
Your post says "Trading ETFs", so don't worry about it.
Quote from dac8555:
Surdo,
Thanks you confirmed what i have been thinking, i guess some of the articles i read were a bit confusing to me. Probably written by a mutual fund manager trying to justify his extistence.
by the way i prefer "buy high..sell higher"...strangely, there is a big difference.
suerte
True about the mutual fund manager writting it to justify his existence.
There are over 9000 mutual funds and close to 275-300 ETFS. ETFs are the way to go, no 12b-1 fees included, no minimums no nothing. They trade like a stock so you can sell and buy anytime throughout the day not like mutual funds.
The market needs more ETFs.