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We agree completely. It just seemed as if one of the posts
intimated that SPDRs were a better =long-term= investment
vehicle than Vanguard's fund =solely= because the latter
incorporated a .2 expense ratio. Just wanted to clarify that
point. Good trading!!
Best regards,
Jim
On Thu, 23 Apr 1998, Ned wrote:
>Hi James:
>You're absolutely correct in assessing and identifying SPDRs as a great
>investment vehicle. Your cost comparison with Vanguard S&P 500 Fund is
>also valid. However, it's imperative to note that you can't "trade"
>Vanguard Fund as you could SPY. The most attractive feature about SPY
>stocks is that, you could implement great trading strategies with Call and
>Put options (SPX options.) This feature makes SPY trading a great game in
>town, beside trading S&P futures.
>Best, Ned
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