Scott Adams startup idea: find unique diversified stock baskets

Re:Scott Adams startup idea: find unique diversified stock b... by p0ltergeist on Wednesday November 05, 2008 @04:18PM (#354980)

uh, yeah, we call it the ETF industry.

there are ETFs for every risk tolerance of every global stock market, commodity, bond, etc etc etc. there are even ETFs of ETFs

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Re:Scott Adams startup idea: find unique diversified stock b... by stakaka on Wednesday November 05, 2008 @04:56PM (#355032)

Don't all ETFs include some kind of management fees? I usually see fees of at least, say, 0.20%. His idea would eliminate that.

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Re:Scott Adams startup idea: find unique diversified stock b... by p0ltergeist on Wednesday November 05, 2008 @05:07PM (#355047)

the etf management fee is much less than you would pay on trading charges to individually transact even a small number of positions aggregated in any etf

the only other route is vanguard which tends to have low fees for index funds

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