The other day I wrote an article about cutting expenses and I showed you how I managed to put $464 back into my pocket each month, so I could invest more. This gave me a great idea for the site and you, my valued reader.
I’m starting a new series on Financial Rebel called the “Financial Rebel Fund” that will detail how I’m going to take $300 each month and invest it. The goal is transparency, so you can follow along. In this article, I’ll be setting up the ground rules for the new Financial Rebel Fund and as we go along, I’ll provide news and thoughts about investments made and possible future investments. And of course, I’d love to get your comments along the way.
The US Aerospace and Defense industry has been doing very well this year. With the war on terrorism raging on and not ending anytime soon, there are many great plays in this sector.
But what stocks should you own—Boeing, General Dynamics, Lockheed Martin, United Technologies? There’s an exchange traded fund that will allow you to own all these names and more.
The energy sector has been on fire all year long. Oil prices continue to rise and there’s seemingly no end in sight. One way to profit in the energy sector is to buy the Exchange Traded Fund XLE.
Before I continue, I must note that as of this writing (July 12, 2007) XLE is in my portfolio.
Energy Select Sector Spdr Fund (Symbol: XLE) is traded on AMEX and it closed at $73.23 on Wednesday.
One of the best investing developments in recent years is the emergence and growth of Exchange Traded Funds (ETFs). They are opening up a whole new world for many investors.
An Exchange Traded Fund is a basket of securities, and it trades just like a single stock would. ETF’s are somewhat of a buzzword these days and there’s good reason why.
ETFs can be created to follow a broad market, an international market, an industry, or some other investing composition.