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TheParadox (98.54) Submitted: 6/03/08 10:48 PM : Start Price: $49.66 DTN Score: 2.35
Jeremy Siegel is a better investor than me hands down. His book "Stocks for the long run" is simply amazing. If you haven't read it, your missing out....after you read it, you really should, you'll be happy to know that Mr. Siegel runs the WisdomTree series of ETF's... Clearly, these ETFs have had amazing results from there back testing. But more importantly, almost all these ETFs are relatively low risk as they involve companies commonly found in an index benchmark today, but they are weighted to different fundamentals. Even though they are the main indexes re-weighted, they have typically a lot lower volatility and Beta toward their respected benchmarks too. Usually yield, and higher yields are found in good companies that have lower prices (more specifically: low PEs) commonly known as value stocks. Value investing outperforms the market.If I'm not mistaken, this ETF has an average annualized return of 13% per year (from like 1967 to 2006) while the comparable S&P is only 10.5% or so. While a 2.5% difference doesn't sound much, a 10k dollar investment held for 10 years would produce about 6k more dollars held on this WisdomTree ETF.
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TheParadox (98.54) Submitted: 6/03/08 10:50 PM
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Currently its yield is 4.08% by Yahoo! Finance. SPY is 2.11%
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