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re: Dividend stocks and DRIPs as a long term investment vehicle
Posted on 6/24/13 at 5:51 pm to Volvagia
Posted on 6/24/13 at 5:51 pm to Volvagia
I don't understand the dislike for ETFs. I love Vanguard and it makes it extremely easy to pick what I want, have some diversity, and grow it over time.
I work 10-14 hour days and I when I come home, the only thing I'm doing is hanging out with the wife and resting. I feel like many people are in that same situation and the whole "30 minutes of study" a day is just plain unrealistic.
Is there anything wrong with having 6 ETFs and just spreading my money between them?
I work 10-14 hour days and I when I come home, the only thing I'm doing is hanging out with the wife and resting. I feel like many people are in that same situation and the whole "30 minutes of study" a day is just plain unrealistic.
Is there anything wrong with having 6 ETFs and just spreading my money between them?
1
Posted on 6/24/13 at 6:03 pm to Azazello
quote:
I don't understand the dislike for ETFs
That's because you are a rational person. A passive investor (eg, FT professional in another field or student) shouldn't be focused on beating the market, when 50% of fund managers can't do it themselves. All but one of the ETFs I'm in have expense ratios at 10 basis points or lower. That's laughably low.
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