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The Trading Vs. Investing Phenomenon - and the benefits to the long-term investor
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Judging by market recent volatility, we're in a period where broad economic concerns and short-term trading strategies have influenced market direction much more than individual company fundamentals. At the heart of this 'trading versus investing' phenomenon are Exchange Traded Funds, more commonly known as ETFs.
Originally, ETFs were viewed as a simple, convenient and low-cost approach to investing in the capital markets, much like their index mutual fund predecessors. However, ETFs have diverted markedly from their original design - with some worrisome consequences. In a new article by FSA Principals Daniel Gross and Mark Peters, we explore the pitfals of ETFs - and the reasons why Federal Street believes that long-term, research-based investing is a better strategy for our clients. Click through to read the article on our website. |
