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Well, that's pretty much how ETFs work. I don't quite understand what you mean about a random walk, though.
by juliangregorian 11y ago
Well, that's pretty much how ETFs work. I don't quite understand what you mean about a random walk, though.
- AndrewKemendo 11y agoYou're missing the point. Any investment, ETFs or otherwise, work, when the market is going up or sideways. It falls apart if you needed money in - oh say 2008 or 2009. Or at any of the other points in time when things were shit. It also falls apart 200 years from now - so it's not like it's a law that this is a system that will remain in place.
- deleted 11y ago[deleted]
- juliangregorian 11y agoYou're being rather argumentative, don't you think? Did you have something worth elaborating with the bit about the random walk? I would still be curious to know.
- AndrewKemendo 11y agoOh, I just overlooked that part...not intending to be argumentative. See: http://www.jstor.org/stable/4479810 http://www.jstor.org/stable/4479810