[recycled sixtie]

by Andrew Hallam? In a nutshell it advocates buying ETF's as opposed to mutual funds and individual stocks. It takes a run at mutual funds for their high management fees, tax inefficiency and high commissions.

As each individual cornerstone of say a bond etf, stock market index etc diminishes or increases then the amount in each is adjusted. The thinking here is that it is impossible to time the market and that is why mutual funds do not do as well as the market averages.

Canada has some of the highest mutual fund management fees in the world. For example 2% a year can take a big chunk of your gains.

What do you think?
Guy