The Universe Called ETFs
New to ETFs? It’s easy to flail around, trying to select from the more than 1,000-plus ETFs currently available (!), I turned to the MarketRiders service to help me separate the wheat from the chaff–and whittle the number of ETFs to consider down to a reasonable number (nine, to be exact).
MarketRiders is an online investment service based on modern portfolio theory for creating–and maintaining–an ETF portfolio yourself with relative ease and a “sleep at night” attitude. It’s run by a relatively small but dedicated and intelligent crew that has been “around the block.” I recently met and spoke with the CEO, Mitch Tuchmann, and was impressed by his earnest approach to de-mystifying good investing principles, and ETFs, in particular.
The MarketRiders Band of Nine (for accounts less than 100K)
NOTE: The following are the selected ETFs for Schwab investors. You can choose a different broker for a customized list for that broker.
(I have checked and cross-checked: none of the nine are on the ETF Deathwatch.) On the other hand, none are on the ETF Billion Dollar Club, either. But what have you really got to lose, except a ton of fees?
[Full disclosure: I have invested a small portion of my I401(K) using the MarketRiders service. My account is up overall by 4.10% over a three-month period.]