Locating Inexpensive ETFs Amid the Market Turmoil
Wednesday, July 7th, 2010Morningstar submits:
Originally published on June 30, 2010
By Michael Rawson, CFA
With the S&P 500 down about 7% in the second quarter, those investors who sold during the market crash and were hesitant to reinvest as the market rallied in 2009 might want to use the recent sell-off as a buying opportunity. What segments of the market are currently attractive? In this article, we discuss a valuation measure called the price/fair value ratio and highlight several ETFs that look attractive.
