Interesting Articles

Five Things Every Investor Needs to Know – 10 January 2010

http://online.wsj.com/article/SB126307251871023325.html

Inefficient Markets Are Still Hard to Beat – 9 January 2010

http://online.wsj.com/article/SB10001424052748703535104574646530815302374.html

Risks Lurk for ETF Investors – 1 February 2010

http://online.wsj.com/article/SB10001424052748703837004575012772071656484.html

For the majority of ETFs I recommend, the concerns raised in the above article don’t apply because there is sufficient trading volume to ensure tight bid-ask spreads centered around each fund’s Net Asset Value (NAV). However, if you notice a bid ask spread greater than 5-10 cents, I would put a limit order in equal to the ETF’s Net Asset Value (NAV). Yahoo or Google provide widely traded ETF NAVs.