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No. of Recommendations: 0
I don't really know a lot about this fund and sector, and just curious what people thought of this fund...SOXX. A friend asked me about it, and about investing in general. When people ask me about ideas for investing, I normally go through core investments first before stocks. Normally, my bias is toward S&P funds and the QQQ. However, I don't want to dismiss his interests, which center more on something covered by this fund. So just throwing this out there to the board...I looked at the past performance, seems pretty good, even compared to the S&P. Obviously none of us know the future, and the decision is his ultimately not mine, but I'm thinking of telling him to go for this one if he so choose after his own research. Decent choice?
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