ETFs a Good Fit for Many Long-Term Investors, Too
Sometimes seen as a tool for day-traders, exchange-traded funds are well-suited to the needs of the buy-and-hold set, as well.
The Short Answer
Mentioned: Charles Schwab Corp (SCHW)
Question: I have owned index mutual funds for more than 20 years, and I do little if any trading. Is there any advantage for the long-term investor to use exchange-traded funds over index mutual funds?
Adam Zoll does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.