It's a financial storm out there—but is there any safe port?
If you're wary of efforts to game the tumultuous market and looking for a haven to park your investments for the long term, mutual funds and ETFs are the most effective and cost-efficient methods to see your money grow over time. Yet not all funds are created equal. Understanding a fund's management strategy, the fundamentals of its top holdings, and its fees relative to peers can help you cut through the noise. "In the same way that you buy goods at a grocery store and you're probably looking at the ingredients to make sure there's nothing you're allergic to in there or something you don’t like, it's [the same strategy] with ETFs," explained Todd Sohn, director on the technical analysis team at Strategas Securities, a brokerage and advisory firm.
