| Most exchange-traded funds (ETFs) are designed for trading, not a buy-and-hold strategy. Their high expense ratios leave no other choice. For instance, if you were to buy and hold an ETF with an expense ratio of 1.15%, then your profits would be limited and your losses would be exacerbated.
For most people, the appeal of ETFs is that you can make a significant amount of money in a short period of time. But what about those who want to invest in a basket of stocks without having to worry about elevated expenses?..............................................Full Article: Source
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