Danielle Park - ETF's Never Go Down, Right? #4061
Oct 4, 2018 ·
29m 53s
![Danielle Park - ETF's Never Go Down, Right? #4061](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/864188592785f7153ec8c33de6630be6.jpg)
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
ETF's (exchange traded funds) are all the rage on Wall Street. They've seemingly eliminated the need to be a stock picker. Just choose a sector, buy the EFT, set it...
show more
ETF's (exchange traded funds) are all the rage on Wall Street. They've seemingly eliminated the need to be a stock picker. Just choose a sector, buy the EFT, set it and forget it. But there's a problem. The number of publicly traded US stocks is down nearly 50 percent. Therefore, the breadth of the market and the stocks actually going up has been shrinking. We've seen many companies get bought out or merged out of existence. Since Sarbanes Oxley's passage during the Bush admin, the number of new issues has dramatically declined. When things do start heading south, ETF's will be the equivalent of pouring gasoline on a fire.
show less
Information
Author | Kerry Lutz |
Organization | Kerry Lutz |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company