The Prudent Ox Economics and Financial Blog

Common-sense thoughts on the US and global economies, gold, silver, commodities, interest rates, the Federal Reserve, foreign currencies, and government policy decisions that affect the markets.

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Location: Denver, Colorado, United States

Wednesday, May 06, 2009

Why ETFs Beat Mutual Funds By A Mile

Larry Rowland of Money and Markets says it best, and I've always suspected this was the case. Mutual funds have plenty of fees, and they only work when the stocks they're invested in go up.

In my opinion, mutual funds aren't safe, and they're the investing version of the horse-and-buggy - soon to be extinct in the financial world.

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