Vanguard Telecommunication Services ETF (AMEX:VOX)
Closed end fund.
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mobile internet tsunami taking hold and surging, taking this etf with it!
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My thought on sector selection is to simply invest in where you pay your bills: utilities, consumer staples, telecommunications, pharmaceuticals and defense (you pay taxes, don't you?).
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I believe when a stock goes down just like the index it stays down with the index but it does not rise immediately with the index. S&P will be stable at least for few days but VOX will fall.
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Expense ratio 0.23%
46 stocks
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Globalisation.Everywhere needs better telecom infrastructure.
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Telecom will always be a relevant sector. In many ways, it can be considered a play in consumer staples.
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Great run, so pause is anticipated
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