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The Cybersecurity Play That Doubled Once – Will Double Again

Not long ago, a relative of mine was the victim of identity theft. And I have to tell you that I really felt for the entire family.

The thief ran up nearly $20,000 in charges, opened new accounts and tried to open others.

And I can tell you that the frustrations over the losses (most of which ended up being covered) were dwarfed by the helplessness that came whenever new charges showed up – and the worry that was spawned by never finding out how the whole mess started.

As we watch the headlines about data breaches and cybercrime – and watch as the violations move closer and closer to home – those worries only escalate.

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    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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