If you are looking into VBK, I have some good news to share.
I'm going to tell you how to grow your money more than you ever thought possible in the market, we all know it's a rigged casino stacked against the average investor, but using the power of stastical likelyhoods, we can help turn the odds in our favor, this is a secret that I hope you won't share. No need to let people who have no idea what they are talking about influence you like you'd get on the SPY board...
Why am I posting here? This is why: This etf has the best potential of all US asset classes for long term growth. It has the most upward biased volatility and the potential to outgrow any other etf, since you're reading this, you must already know this and that's why you're here, or by chance, you lucked upon it.
What does that mean? It means this is where you want your money...Check it against vb, vbr, spy, iwm, and any of the various midcap etf's and you will see what I'm talking about, check it over ANY time period against any other US based asset class, again, you will see what I am talking about.
How to play this ETF for long term growth? Easy, I'm going to give you some rules that will allow you to retire in style (remember, according to efficient market hypothesis, the more people who know, the less likely it works, so shhh!)
All of these "rules" are based on historical returns using statistical likely hoods. Rule number uno: Never take a position in October. October is when the market crashes, although it's not likely to happen for many more years, you can never be sure, don't risk it. Here are the rest of the rules:
1. Buy only on the last Monday of the month. (statistically this is likely to be the most "down" day of the month)
2. Sell only on the first Friday of the month. (statistically this is likely to to be the most "up" day of the month)
3. Buy and hold on the last monday in october (unless the market is crashing, then wait 6 months to re-evaluate) and hold through the first Friday of June every year. Sell VBK and purchase a mid term bond fund during the other times. (vanguard has some good midterm bond funds, or you can look at bill gross and PIMCO if you want an expert, personally i'm in non-US dollar based bonds during this period, ELD (better than ELMC))
4. During the third year of the presidential cycle (the year after midterms, that's THIS year, 2011) hold through the summer. Why would you hold through the summer of the third year? Because the next 5 quarters after midterms have historically had outstanding returns unmatched by any other time during the Presidential cycle since 1931.
By now you're probably saying something like, but voltar8201, that's just too easy, does it really work?
The answer (based on historical returns during these time periods) is a resounding yes! backtest my strategy if you must, but trust me, I've done the backtesting myself and it works.