FYI: Walking the exhibit hall at the Schwab IMPACT Conference in Boston last week was a bit like strolling through the perfume and cologne department at a big department store.
Every few steps, it seemed like a representative from a firm selling exchange-traded funds was jumping out to spritz you with their wares.
Some of the smells were pleasing and appealing, others muddled and a few were offensive and seemingly hard to scrub off, like they could leave a portfolio reeking for years.
Regards,
Ted
http://www.marketwatch.com/story/some-sweet-smelling-mutual-funds-and-etfs-could-turn-out-to-be-skunks-2015-11-17/print
Comments
I did like the following in particular..."Ultimately, an investor would like to have the best strategy using the best funds, but the truth is that it is every bit as important to avoid bad decision-making or strategy decisions as it is to steer clear of bad funds and ETFs."
It's been my experience that the sooner an investor learns this in life, the better.