Stay away from closed end funds..they suck

Discussion in 'Strategy Development' started by stock_trad3r, May 11, 2007.

  1. I dont recommend closed end funds

    They are very easy to manipulate and often underperform the underlying index they track


    If you want to invest in overseas companies buy wisdomtree ETFs

    they are much harder to manipulate and offer far greater security and returns than closed end funds.

    I recommend DEW and DFE

    there are a bunch other wisdomtree ETFs but those two have great charts, great stability as well as fundamentals

    Here are all the wisdomtree ETFs

    http://finance.yahoo.com/lookup?s=wisdomtree&m=US&t=E
     
  2. you are making a huge generalization as closed end funds encompass the entire industry. Only a small percentage of CEFs track a specific index and these are usually called ETF more commonly. Like saying stay away from mutual funds or stocks.

    Perhaps you mean a certain type of closed-end fund or ETF...