ETF's; the way of the future?
So there are always people who distrust the market. It seems like it is ever increasing though especially with the market down over an entire decade overall, and with so much volatility, the march 09 lows and the "Fat finger". Rather than invest in individual stocks, people without the time to do proper research or the capital to diversify can easily do so with an etf. Some only charge management fees of .15%, compared with 8.5% of some mutual funds; plus you know what you're buying. It is the retail investors life saver, and if I recall the retail investor is like 70% of the market now. This said, if BLK has bottomed out, I can't see a reason not to buy it. It has a nice small little yield and the smartest guys managing the company. With a quick look at the numbers and economic moat + nice innovative investment vehicles in a still capitalist country, it is definitely a stock I will look into buying in real life.
Or will people revert back to individual stocks and stay there?