Investors and investment "experts" who believe that stock picking and specialized mutual funds cannot beat the market recommend a total stock market index (like Vanguard's mutual fund or ETF-VTI) over Vanguard's 500 index.
I am looking for a short term trading ETF to buy the market on the lows and sell on the highs.
Anyone know of anything better than VTI?
Since I am watching daily my own (stock picking) mutual funds and individual stocks, it is easy to keep my eye on the Dow, and sense the trend/direction (but certainly not predict the day).
If I get stuck in VTI longer than I wanted, I don't think it is a very high risk place to be.
You ever heard of those big dudes, like Morgan Stanley, Fidelity, A.G. Edwards and there's a lot more; well, the really good top folks of these stock houses, all own ETF's!
But keep it a secret, they don't want the peeeeON's to know about ETF's. Ok?
P.S.: you should have a few more old time ETF's across the planet earth too, and some big one's, some med. size one's and some small one's too. And yes, "hold", then go golfing and cancel your business magazines, newspapers, monthly reports etc. and go golfing!