Here are mine:
OIH - Oil services diversified
NLR - Nuclear energy diversified
GLD - Gold tracker
FXE - Euro tracker
PeakOil is You
Favorite ETFs
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Favorite ETFs
by mmasters » Fri 17 Aug 2007, 11:56:28
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mmasters - Intermediate Crude
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Re: Favorite ETFs
by jboogy » Fri 17 Aug 2007, 12:03:53
What's an ETF?
Perhaps the population would be less swayed to socialism if we had fewer examples of socialism from our "Free Market Capitalists". -----fiddler dave
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jboogy - Heavy Crude
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Re: Favorite ETFs
by OilIsMastery » Fri 17 Aug 2007, 12:08:27
$this->bbcode_second_pass_quote('jboogy', 'W')hat's an ETF?
Exchange traded fund.
$this->bbcode_second_pass_quote('mmasters', 'O')IH - Oil services diversified
Definitely the OIH holders. It's largest position is Transocean (RIG). That's my favorite oil company and it's really cheap on a forward p/e basis. But then again so is the entire group. It's second biggest position is Schlumberger (SLB).
Last edited by OilIsMastery on Fri 17 Aug 2007, 13:03:12, edited 1 time in total.
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OilIsMastery - Tar Sands
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Re: Favorite ETFs
by mmasters » Fri 17 Aug 2007, 12:15:05
Exchange Traded Fund. They're like stocks basically but allow you to participate in some traditionally non stock areas like commodities, foreign exchange, etc... There are also many that are diversified like mutual funds however they don't carry a lot of the burdens mutual funds do (can't sell interday, sometimes upfront money is associated, have to pay taxes on the funds activies, etc)
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mmasters - Intermediate Crude
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