ETF's
Are ETF's a good idea?
In my whole trying to get my financial life organized I've found some information about ETF's and I'm debating about investing in them. I'm a little confused about the benefits over buying shares in an ETF rather than an index mutual fund. It seems like there is more expenses in terms of purchasing an ETF over a standard index mutual fund. They are also bought and sold like typical stocks - which doesn't that mean that they can eventually be traded at a higher price than what their base stock value is? Maybe that's not true - but if it is - that's a little scary to me and it seems like the same thing that happened with the current mortage crisis.
I'm just not sold on that there are any pros that make it make better sense than an index mutual fund.
Is there something that I'm missing?
In my whole trying to get my financial life organized I've found some information about ETF's and I'm debating about investing in them. I'm a little confused about the benefits over buying shares in an ETF rather than an index mutual fund. It seems like there is more expenses in terms of purchasing an ETF over a standard index mutual fund. They are also bought and sold like typical stocks - which doesn't that mean that they can eventually be traded at a higher price than what their base stock value is? Maybe that's not true - but if it is - that's a little scary to me and it seems like the same thing that happened with the current mortage crisis.
I'm just not sold on that there are any pros that make it make better sense than an index mutual fund.
Is there something that I'm missing?
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