As I write today’s Weekly ETF Report, the Dow Jones Industrial Average is down more than 450 points, or 2.8%, and it now has fallen forcefully below the 16,000 level. The selling in the Dow isn’t unique, as we’ve seen big declines in nearly every major domestic market index, as well as in virtually every major equity market around the world.
With everyone seemingly packing up and rushing to get out of equity positions, things are getting rather crowded at the exits.
I’ve written and spoken at length for years about why I love exchange-traded funds (ETFs). Two key reasons why are that ETFs are both simple to understand and easy to use. It is the ease of use aspect of ETFs that I really love, especially when everyone is racing for the crowded exits.
Read more about how you can maintain your capital in the face of the falling market at Eagle Daily Investor.