Mutual Funds vs. ETFs: Money Matters - Yahoo! Finance: "Mutual Funds vs. ETFs
Get with the Program, Mutual Funds are Way Too 20th Century
By Suze Orman
Can I ask you something? You don't use a Betamax to watch movies at home, do you? And your car isn't outfitted with an 8-track tape player, right? And I'm guessing the chances of you using a rotary phone are about as good as Ben Affleck having a hit flick these days.
In fact, I wouldn't be surprised if many of you under 30 are wondering what the hell I'm talking about....
ETFs: Mutual Funds for the 21st Century
Let's fast-forward through the "pro" argument for mutual funds, since we can all recite the reasons in our sleep: instant diversification across dozens of stocks in a variety of sectors, professional money management, low investment minimums, cheap fees if you know how to pick right.
Now that we've dispensed with the obvious, let's spend a few minutes understanding one of the biggest problems with mutual funds. And I'm not even referring to the lingering mutual fund scandal where some fund managers screwed over their shareholders by giving preferential treatment to a few big shots who market-timed and late-traded the funds. more..."
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