Gordon Gray
Well-known member
Exchange Traded Funds / a good idea?
Otherwise known as ETF's, this seems to be an investment program, in either an "active" or "passive" form, that are offered by many large brokerage houses.
As I approach retirement (three years out), I scheduled a one hour personal conference with a Charles Schwab representative about my current positions and how I should adjust the risk / exposure factors to continue some exposure to equities (gains) versus minimizing overall risk. I'm also concerned about the Federal Reserve ending the QE2 program, early next year, and its impact on the stock market.
The nexus of this approach is to determine one's risk comfort level and then develop investments that mirror that level.
I'm seriously considering going the "passive", read index funds, that require less active management and keep the brokerage fees to a nominal level.
I've been quoted an overall fee of 0.9% for this service.
I researched other firms offering this service and it appears to be in line.
Any thoughts about this investment vehicle, good or bad?
GG
Otherwise known as ETF's, this seems to be an investment program, in either an "active" or "passive" form, that are offered by many large brokerage houses.
As I approach retirement (three years out), I scheduled a one hour personal conference with a Charles Schwab representative about my current positions and how I should adjust the risk / exposure factors to continue some exposure to equities (gains) versus minimizing overall risk. I'm also concerned about the Federal Reserve ending the QE2 program, early next year, and its impact on the stock market.
The nexus of this approach is to determine one's risk comfort level and then develop investments that mirror that level.
I'm seriously considering going the "passive", read index funds, that require less active management and keep the brokerage fees to a nominal level.
I've been quoted an overall fee of 0.9% for this service.
I researched other firms offering this service and it appears to be in line.
Any thoughts about this investment vehicle, good or bad?
GG
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