ETFs cannot solve all your problems
@Alvin Chow:
Index investing has been touted as the simplest way for anyone to make money from the stock market. The advent of low-cost index hugging ETFs has enabled investors to do index investing easily. While ETFs are a great invention, it isn't a panacea for all investing problems. Let's understand what ETFs can and cannot do for investors.If you are clueless about the markets, a broad-based index ETF such as the S&P 500 ETF (SPY)$SPDR S&P 500 ETF Trust(SPY)$or Vanguard Total World ETF (VT) $Vanguard Total World Stock ETF(VT)$can give you exposure to stocks without the headache of picking them.If you are lazy to analyse companies, ETFs can do the work for you - just buy the entire basket of stocks and you ne