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Three Trading Days Into the Year…
By JLP | January 5, 2008
and already 149 exchange-traded funds are down over 5%! I got this information from analyzing the exchange-traded quotes in today’s Wall Street Journal:
Although the graphic doesn’t mention it, 15 ETFs are down over 10%.
This isn’t a fun way to start off the year.
Topics: Exchange-Traded Funds, Investing | 1 Comment »
January 5th, 2008 at 2:35 pm
You always have GLD and SKF. SKF is up 11 percent for the year and GLD is up 3 percent. If anything, it is always good to have a balance in your portfolio even if it is 10 to 20 percent in bear market funds. Given the current financial and housing turmoil, SKF looks like a good option and with the Federal Reserve hinting at more cuts, GLD should be moving up as well.