If you don't like doing the ongoing research for individual stocks and want to diversify as well as keep investing costs to the absolute minimum, buying an ETF is the way to go.
Read this excellent analysis of the top ETFs.
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Don't all you guys forecasting with your charts (weegee boards) understand that the industry has suckered you into believing there is no risk in attempting to exceed market results? ANYTIME you attempt to exceed results, you introduce the risk of also underperforming. There is a price to that risk, and you have the choice to avoid it, and doing so has value. Check out the return honor roll on www.fundgrades.com. Then sort on risk (unlike Morningstar which combines risk and return in their star ratings, Fundgrades keeps them seperate so you can see whether you are taking needless risks for those PAST returns.)
According to an article I saw about Fundgrades from a publication called, Advisor Perspectives, only 19% of all graded funds received a risk grade of "F", yet if you sort for risk in the return honor roll, you will find that HALF of the return honor roll grade "F" for risk...two and a half times that of all funds. You don't realize that you are being sold by the product vendors, discount brokerages, "trading tool" educators like invest tools, etc. They are profiting and laughing all the way to the bank while you believe you cracked the code.
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