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SPDR Dow Jones Industrial Average ETF Message Board

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  • tomandlynntigard tomandlynntigard Jan 4, 2012 12:29 AM Flag


    6. Stocks like AMR,FNMA, CPY and even FCEL, etc...(which were once $9+) can take your money almost instantly and leave you holdig and hoping until their demise.

    • Very true, that's why buying DIA, an ETF that mimics the DJIA, makes sense for long term (10 years or longer) "buy & hold" investors.

      There is a lot less risk, albeit with less potential return, in holding a basket of 30, old, tired, giant cap, dividend paying stocks than making wild speculative bets on individual "growth" stocks.

      If you had owned DIA over the last year (12/31/2010 to 12/30/2011) your total return would have been 7.9%.

181.22-0.13(-0.07%)Oct 21 8:00 PMEDT