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re: Good ETF or Vanguard fund suggestion...

Posted on 12/5/12 at 10:44 am to
Posted by Teddy Ruxpin
Member since Oct 2006
39645 posts
Posted on 12/5/12 at 10:44 am to
quote:

If you don't already have something geared for the oil industry, pick up the Energy fund first before those two.


My comment on this is that I always found it weird that someone who wants to do the Vanguard Bogle thing (assuming Scoop does) would buy sector ETFs.

Seems like, if you keep slicing up the ETFs into narrower pieces, you are essentially trying to play "stock picker" and defeating the methodology.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 12/5/12 at 10:53 am to
I use Vanguard exclusively....I like their approach in general. So I don't know what this Bogle is.

But the difference between sector stock and stock picking is how you apply it.

Most stock picking is looking to sell for a profit in the next 3 years or less, sector is more long view, and gives you diversification past a single company.

I only really use Energy (because I really done see oil exploration stopping being lucrative in the next 20 years), consumer staples (solely as a bear market/stagnant hedge), and I'm debating to get in mining/previous metals.

Also, I use sector to also mean classifications of stock, such as mid cap growth or dividend appreciation stock.
This post was edited on 12/5/12 at 10:54 am
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