My only question is "what's taken so long?" With commodities sectors long launched in Europe and the structural issues already having been overcome in the U.S., it's amazing these types of products are not already trading, beyond broad commodities baskets, gold, silver and the four PowerShares "supersector" baskets (agricultural, base metals, energy and precious metals).
The easiest way to get someone to read something is to be controversial. Any fool knows that. Indexing is for communists. Buy and hold is for suckers. ETFs are the devil's work.
Once upon a time, I worked for a site that had an incredibly active, interesting discussion board. Browsing the Diehards forums recently brought back my taste for it. Our discussion boards are now open. After a delay from porn spamming and such, the radically simplified boards are now up and running.
Is it just me, or does every investment market in site look sky high - probably for the first time I can remember? If I've got any tilt in my investing nature - it is as a contrarian. So all of this makes me very nervous.
In addition to the Treasury ETFs launched this week, SSgA should soon be rolling out corporate credit ETFs as well. The prospectus for the five new Treasury ETFs also included listings for three corporate ETFs: short-, mid- and long-term corporate credit.
I was perusing the vanguard diehards discussion board last week and over the weekend. I'd forgotten how much fun that can be. For those of you who are not "in the know", there was a schism so there are now two Diehards discussion boards.
