I believe Exchange Traded Funds are the most important innovation in the investment world in the past 30 years. Yet many investors, especially those who don’t read financial publications or watch financial news channels regularly, may be unfamiliar with them. So here’s a brief primer on Exchange Traded Funds or ETFs, as they’re commonly called. ETFs can be thought of as the child of a marriage between a mutual fund and a stock. Like a mutual fund, ETFs offer investors a proportionate share in a … [Read more...]