Cobalt, a key metallic element used in lithium batteries and other "green" technology, is sourced from slave labor in the Democratic Republic of Congo. As the West points the finger at China, the US Africa Command is indirectly policing mining.
Cobalt, a key metallic element used in lithium batteries and other “green” technology, is sourced from slave labor in the Democratic Republic of Congo. As…
Special to the Tribune
Exchange-Traded Funds are more popular than ever with total assets in U.S. markets approaching $5 trillion. At the same time, more ETFs are closing than ever before. In 2020 a record 275 ETFs closed their doors. What is going on?
David Vomund
Companies late to the ETF game must distinguish themselves from their competition, and it’s too late to launch an ETF in a well-established area. For example, launching an emerging market ETF at this point will likely fail because those interested in that area gravitate to the popular iShares Emerging Markets (EEM) or Vanguard Emerging Markets (VWO). Wisdom Tree China closed its doors last year because investors who want to invest in China buy iShares China (FXI), which has a 17-year track record and $4.3 billion in assets.
KXLY
March 12, 2021 6:02 AM newsfeedback@fool.com (Ryan Downie)
Posted:
Updated:
March 14, 2021 8:03 AM
Overlooking the best ETFs for long-term growth can cost you dearly when the time comes to access your retirement account. IRA investors should prioritize growth (in exchange for extra volatility) because they have time horizons above 10-15 years. You’ll have plenty of time to wait out bear markets and corrections along the way, so you can enjoy the benefits of more volatile stocks that should beat the market over the long term.
The following three ETFs offer diversified, yet focused, exposure to long-term global growth trends with great portfolio selection criteria. That’s perfect for an IRA portfolio, and it’s especially well suited for a Roth, which allows you to avoid capital gains taxation on your appreciation.