Instead of holding stocks for the long term, hold indexes in the form of ETFs, and the portfolio managers will make changes as economic conditions and industries change. For a broad-based, long-term investment, for instance, buy an S&P 500 Index ETF, such as SPY or IVV, or buy a fundamentally-weighted ETF, such as PRF or PRFZ. SPY or IVV offers industry diversification, because those ETFs are broken into nine sectors.
- Long-Term and Short-Term Market Timing and Investing
- from Winning with ETF Strategies: Top Asset Managers Share Their Methods for Beating the Market
- Publisher: Pearson Business
- Released: March 2012
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