iShares S&P Global Financials Sect.(ETF) (AMEX:IXG)
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slow but sure
Recs
It gives a diversified investment into the financial sector, with an international leaning. There will probably be a few rocky months coming up, but overall it has continuously outperformed XLF.
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Fading every pick made by Ultralong
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Ive been hoarding cash past 3 months and am starting to get interested in the some opportunities in the financials. I believe we are close to bottom of the financial market shakeout. I don't believe great returns in near future , but stability and a general uptrend is coming in 09.
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Banking and Financials are beaten up. WIth all of the cheap money they've been getting from the FED, expect them to pick up soon.
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This pick is 2-fold & LT.
I am shorting the IVV (ishares 500 Index) as I expect Financials to outperform S&P500 on a LT basis.
Again, will be judged vis-a-vis IVV.
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The global financials are exploding and because we are at the low now they are posied to take off.
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Credit Crunch. Good time to load up financial. I think it has bottom. I think we are difinietly near or around the time for a recovery.
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Its time to get bank into financial services - especially if you are a long term investor. This ETF is mainly big financial companies and they have good international exposure.
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A dog fund in a dog sector
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This ETF has pretty solid and reliable growth.
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Globally, financial institutions benefit from growth in most markets. This fund, having a global scope, will benefit from growth anywhere in the world... inside the US or not.
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