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Subject: Re: What Are the Tax Advantages (If Any) of ETFs | Date: 9/27/2005 3:25 PM | |
Author: smith107 | Number: 1059 of 2247 | |
First, thanks for the speedy reply. What is "short-term finances"? I'm currently about 70% into stocks. I'm 61 years old, so the "experts" say I should be 61% into bonds. But the bond market currently sucks, because the interest rate (3.75%) is low. OK, what else is there? These ETFs are being promoted as a good way to invest - but in the short term? I think not. The broker sites I've been accessing are promoting ETFs the same they promote DRIPs; i.e., you can invest small amounts of your money over a long period of time. Problem: each time you do this, you pay a commission. |
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