A podcast, “The ETF Store Show”, on 02 Nov featured a show on the 15 most important ETFs and the history of ETFs. I had not realized that SPY, an ETF which matches the S&P500, has been available since 1993. I have suggested to several others who expresed interest in investing that they just buy SPY and keep it as long as it remains above its 200 day average. In the last 22 years you would have sold SPY about 6 times, purchased it back 6 times and gained +/- 500%
IBD TBP’s Market Pulse is “Confirmed Uptrend” as of 10/02/15 – a time to buy.
My current investments:
IRA#1 and IRA#2
SRetailing has a price of 108.02, a sell price 102.62, a rank of 01, and is a Hold. (ETF – XLY)
IRA#2
SITServices has a price of 42.08, a sell price 39.98, a rank of 03, and is a Hold. (ETF – XLK)
SSoftware&ComputerServices has a price of 127.48, a sell price 121.11, a rank of 02, and is a Hold. (ETF – MTK)
SConsumerDiscretionary has a price of 36.25, a sell price of 34.44, a rank of 05, and is a Hold. (ETF – FDIS)
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – Buy 20% STechnology (ETF – IGM)
My portfolio market exposure after this weekend’s changes:
IRA #1 – 100% invested
IRA #2 – 100% invested