And longer - term money is usually taxable, so cloning the strategy is fine, but paying 50 % + taxes to the government makes the fees associated with the tax - efficient
ETF vehicle a lot less painful.
Not exact matches
Nevertheless, I still think this is a good move for Scottrade to step into the
ETF business as exchange - traded funds have gotten a
lots of attentions and increasingly become the favorite
vehicle to build a diversified portfolio.
and second, you can put a
lot of different investment
vehicles in it — index funds, stocks,
ETFs — it's all available to you.