Trying Scalps

Discussion in 'Trading' started by Div Poacher, Mar 20, 2003.

  1. DaveN


    Div Poacher,

    Just a suggestion, as I went through this train of thought myself a couple of years ago. Overlay a chart of any of your mutual funds with the overall market, SPX or SPY, or some other index that fund represents, and you'll notice that they look very familiar. In fact, the index probably looks better, since there wasn't the constant load of fees and overhead expenses imposed by the mutual fund.

    A straight purchase of an ETF such as SPY or DIA would likely give you the better results over the long term as well as free you up to use whichever broker you prefer.

    Like I said, I came to this realization a couple of years ago, and cleared out my mutual fund holdings in favor of ETF's. Just compare the annual expense ratios.
    #11     Mar 24, 2003