by pup55 » Fri 20 Jun 2008, 12:22:03
"Date night" at pup55's house is a dollar movie, some thrifty home cooked meal, and be home in time to watch Suze Orman on Saturday night.
Suze is one of the most conservative people there is on the subject of investments and financial planning, particularly for those nearing retirement.
So for her to start advocating these ETF's is a really interesting development. It points out the fact that there are not squat for decent investment alternatives for the common person. Interest rates on your conservative bank accounts and CD's are squat, and equities are in negative territory for the last year.
So, She, like others in this business, are searching for places to stow money to keep up with inflation. Evidently she is sufficiently satisfied with the safety of this type of investment that the common person can feel comfortable in putting some money into it.