No. of Recommendations: 1
Lesson - Stay away from ETF's. If you must buy an ETF, buy one day, sell the next, never hold onto it.

I think you came away from that experience with the wrong lesson. I have several ETFs, and because of their difference with mutual funds, I own the same "stuff" as similar mutual funds but for a lower annual fee. They include:
-A Consumer Staples stock fund
-Small Cap Dividend Paying Stock Fund
-an iBond fund

Your problem was not with ETFs, but with an ETF that was one of the bad ones because it was mismanaged, meant to follow a bad and/or volatile benchmark (or all three).
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