28.02.2012 - Using ETFs to reduce volatility
As a financial adviser in California’s Bay Area, Jim Koch has a lot of tech industry clients with portfolios that make him nervous. “Most of them want to invest in tech stocks, so their portfolios have way more risk than they realize,” says the Alamo (Calif.)-based founder of Koch Capital. Investing in what you know can leave your livelihood and portfolio balance riding on just one volatile industry, he adds. That’s why when PowerShares launched its S&P 500 Low Volatility exchange-traded fund last May, he called it “a gift from the financial-innovation gods.”..............................................Full Article: Source
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