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Friday, July 08, 2005

ETFs

Everyone is always looking to diversify and keep expenses at a minimum. One way to do that is by investing in ETFs also known as exchange traded funds. ETFs usually have an expense ratio of less than one percent and are generally lower than mutual funds. ETFs can be traded like stocks throughout the day but hold a basket of stocks. The (QQQQ) is the 100-Largest companies on the Nasdaq. Microsoft is its largest holding but it has many other popular companies. Another ETF that is worth a look is the iShares Emerging Markets (EEM). For more information on ETFs check out msn or contact your broker.

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