We've had a steady stream of questions about ETF's lately. I saw this recently and thought it was a pretty comprehensive discussion of ETF investments. I thought some of your might be interested in reading it and/or sharing it in your investment club meetings:
From a bivio record keeping standpoint, the most important quote from the article is this one:
"Due to the varying tax treatment associated with different ETFs, it is important to understand the fund structure and associated tax treatment before investing."
All ETF's are not created equal. If you're considering an investment in one in your investment club, feel free to send its ticker to support@bivio.com to see if it will cause you any tax reporting issues before you buy it.
Laurie Frederiksen Invest with your friends! www.bivio.com