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How to Profit From Wall Street's Biggest Gaffe in Decades

I was perusing the newswires a few weeks ago when the following Reuters news story headline all but physically grabbed my attention.

It stated: “Exclusive: Morgan Stanley Rebuilds in Commodities Trading.”

Most folks probably looked at this and tossed it off as just another of the endless machinations of Wall Street.

But I knew better…

  • Featured Story

    Investing In ETFs: How Exchange-Traded Funds Can Save You Money

    High commissions and management fees, along with taxes, can really cut into your returns.

    That's where exchange-traded funds, or ETFs, come in. In today's investment world, ETFs are cheaper and more tax-friendly than mutual funds.

    The average expense ratio for U.S.-listed ETFs is 0.4%, compared with 1.42% for diversified U.S. stock funds.They also give you exposure to an entire industry or market with the click of a mouse.

    It's one of the reasons why exchange-traded funds are quickly becoming the investment of choice for investors seeking broad market exposure.

    In fact, the number of ETFs has surged over 10-fold in the last decade.

    The total number of ETFs in the market grew to 1,114 by October 2011, with assets over $1 trillion, according to the Investment Company Institute.

    And the ETF market will expand to roughly $3.1 trillion by 2016, according to projections from the Financial Research Corp. in Boston.

    So if you're looking to diversify your portfolio and save money doing it, ETFs may be the way to go.

    Here's a primer on how ETFs can work for you.

    To continue reading, please click here...
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  • exchange traded funds list