Feb 26 2014, 9:40am CST | by Sumayah Aamir
The prospects look rosy alright. ETFs are the wave of the future. They may lead to rampant growth and trillions of dollars in money. But who will reap these rewards in the times to come? There are many who deny that there are any positive outcomes of this prediction. They are the naysayers and nothing will satisfy them short of utopia.
Ask the speculators though and they will tell you to put your faith in ETFs . These small-time investment schemes will put dollars and cents in that wallet in your jeans pocket. They are the stocks of the singular times. And while you need to spend some to save some in the end you ought to be able to handle these potent economic tools.
The usual critique made of these cash cows is that they are traded in a rabid manner and that the wagers made over them are too limited. There exist alarmist opinions such as ETFs being like razorblades in the hands of apes. The latent charge savings are the only real and tangible benefit they possess according to many.
Yet the Zeitgeist is such that with it picking up speed there is a corresponding change in ETFs. ETFs are the ideal investment for retirement benefits savings. Just sit back and enjoy your golden years with an ETF-based senescence plan. You will have nothing to lose and everything to gain.
Furthermore, they will open up many alternatives to their possessor. After more than three decades in existence ETFs are a trillion dollar asset in themselves. They have had a revolutionary effect on the methods via which men and women stabilize their pecuniary problems.
Moreover, the accountability and plain nature of the stocks are their main strength in the market. The overall forecast looks good. If things go as planned it will all turn out right. Therefore, ETFs are here to stay for now at least.
Source: Channel News Asia
Source: Experience Project
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