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What you need to know and watch out for when it comes to exchange-traded funds

Posted on 24 June 2011

The market for exchange-traded funds has boomed since the SPDR S&P 500 made its debut as the first U.S. ETF in 1993. Today, investors have more than $1 trillion in these funds, which trade and often specialize in almost everything imaginable, from smartphone-related stocks to livestock futures to gold and silver.
ETFs are popular because they’re inexpensive to trade, tax-efficient and for the most part transparent………………………………………..Full Article: Source


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