Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Scott Mc who wrote (8750)	3/25/2002 1:07:27 PM
From: SofaSpud	Read Replies (2) \| Respond to of 24921

Hi Scott, I haven't used those particular iUnits, but I have lots of others. Exchange traded funds probably account for a third of my portfolio -- mostly U.S. sector sub-indexes, and overseas country indexes as part of the asset allocation strategy. Lazy? Maybe. Or maybe risk averse. To my mind it depends on your track record for picking winners. If you only had HTR and AXL a year ago, then you outperformed the index by miles. But the index saves you from holding only the dogs and thereby missing out on at least some of the upside. The energy iUnits have 23 holdings (http://www.iunits.com/english/iunitsfunds/fundprofiles/ienergy/holdings.cfm). That's a ton of DD to do. And who hasn't sometimes missed something important during DD. With a MER of .55, it doesn't seem like a bad thing. Provided, of course, the timing is right. I think you and I differ on that question. FWIW