02-14-2016, 05:34 AM
I've always viewed mutual funds/ETFs as a way for those with little interest/knowledge to invest their money. That is not to say that professionals shouldn't or couldn't use them effectively but for me it's always been more of a "I don't know exactly, so I'll pay someone else to make the choices for me" kind of a deal. I started out with mutual funds but let go off them all a few years back.
And I still use ETFs for that purpose, though I don't currently own any.ETFs are what I would consider in sectors/markets where I feel like I don't have enough knowledge. For example, two years ago I was looking at investing into South America. I didn't have the resources or the knowledge to gather a good exposure there on my own (I was only looking to invest $1000 - $2000) so I was planning on using an ETF.
And I still use ETFs for that purpose, though I don't currently own any.ETFs are what I would consider in sectors/markets where I feel like I don't have enough knowledge. For example, two years ago I was looking at investing into South America. I didn't have the resources or the knowledge to gather a good exposure there on my own (I was only looking to invest $1000 - $2000) so I was planning on using an ETF.