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Originally Posted by Table 5
I think there are a few things that might not be a bad time to get out of yet, especially if you're still in the green. For some people the peace of mind of not losing money might be worth it.
Slava/Moneyguy what are your thoughts on sector-specific ETF's? Ive been looking at getting into ETFs in Oil/Gas (DIG), financials (UYG), real estate (URE), and technology (ROM).
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You're right on the first part; if you have money in and are ahead of the game right now then it could make some sense to get out. But if you are selling because you're down that is another story.
As far as sectors go its a mixed bag IMO and somewhat dependent on your time horizon. If you are looking at a long term (8-10yrs) then real estate could serve you rather well. Energy companies are far cheaper today than what the overall demand for the products actually reflects so that could be another area of interest. I'm not a big technology investor personally, so I won't tamper your view there, and financials will eventually rebound to a good stable source to consider as well.
I have to say though that I'm not into the ETF market. I understand that the average ETF is being held for 3 days right now in Canada, and that is something that simply doesn't interest me. I am definitely a buy and invest for the long-term in quality holdings type of guy.