So EFT's have become the new in thing for new investors with the thought you can match the market or be more consistent than managed funds. I can't help but think with the entry point so low and majority of new investors jumping into EFT's and sign of a market correction will result in EFT's crashing hard due to panicking investors jumping out rather than loading up and riding through.
For this reason, I feel managed funds would fair better.
thoughts?
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Peter Batten, MD
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