Archive for January, 2007

Exchange traded funds are becomming the rage. It’s like mutual fund, but you can buy and sell it easily like a stock.

Most mutual funds you have to buy with a large lump sum and go through one central fund management team. With ETF’s you don’t have to do this. You can go through your online broker and buy and sell funds easily, just like stocks.

As ETF’s came to the forefront last year it’s been talked about that this year will be the year of the ETF. About 200 - 300 more ETF’s are going to launched in 2007 and they’ll be looking to take market share from the 100 or so that came out in 2006.

technorati tags:SLV, Silver, Precious, Metals

Oil dropped to $59 a barrel today and it seems as though both gold and silver have been following suit.

Silver has pulled way back from it’s month to month high of $14 down to $12.50 today and looking to continue the downward trend.

For those investors feeling silver, gold and other precious metals will get out of this funk and rise throughout 2007, now may be the perfect time to buy into the metals. One of the easiest ways to get into the previous metal world and buy silver is by buying a share in the exchange traded fund, SLV.

SLV is a great fund that will allow you to buy a share that is completely backed by silver. Silver that is stored in a vault and is added to and taken away from as the fund managers see fit and as investors buy more shares of the fund thus driving the price up.