How to Get an ETF to Pay You Fees

Why did someone invest in a Spider?Let's take a step back. The world of ETF investing has exploded over the past decade, and BlackRock's iShares is the 800-pound gorilla in the space. ETFs trade like stocks, yet at the same time, they provide diversification benefits, low expenses, and are relatively tax efficient. Most ETFs aren't actively managed and as a result have low turnover and lower costs than actively managed mutual funds. The first true ETF was issued in 1993 to track the Standard and Poor's S&P 500 index. This ETF trades under the ticker SPY and commonly referred to as "spiders."... Read more