what exactly are exchange traded funds and how do i buy them?

Question

I know that there is the QQQQ for all the Nasdaq stocks but what one or "ones" are there for the Dow and the rest of the NYSE stocks?&#xD;&#xA; &#xD;&#xA;Would I buy them the same way. Just as individual shares of the entire market?

NJDevils · Answer

I know that there is the QQQQ for all the Nasdaq stocks but what one or "ones" are there for the Dow and the rest of the NYSE stocks?&#xD;&#xA; &#xD;&#xA;Would I buy them the same way. Just as individual shares of the entire market?

NJDevils · Answer

actually found my answer but&#xD;&#xA;WHICH ONES WOULD YOU BUY?&#xD;&#xA; &#xD;&#xA;https://finance.yahoo.com/etf/browser/mkt

claycourtlesson · Answer

Big IF,&#xD;&#xA;But if the averages go up this week from where they closed this past Friday......&#xD;&#xA;UYG (financial ETF) should go along for the ride.  No way the averages gain any ground without financial participation.&#xD;&#xA;Conversely, financials take a beatdown this week again-----then the SP, DOW, and NAS will all 3 get crushed.&#xD;&#xA;All about the financials.

claycourtlesson · Answer

SKF is the "financial short" ETF.&#xD;&#xA; &#xD;&#xA;If averages take another beatdown, this sucker could go north of 300.....no joke.&#xD;&#xA; &#xD;&#xA;The fear and pessimism in this market is at all time high.  Any whiff of bad news, and someone is going to be screaming "SELL!!!!!!!!!!!, Mortimer, SELL!!!!!!!!!!!!!!!!!!!!!!!"

NJDevils · Answer

how about for Long Term?  would a "whole market" type of fund be the best way to go?

what exactly are exchange traded funds and how do i buy them?

Hot Forum Topics