FYI: Warren Buffett said investors shouldn’t dream of owning a stock for ten minutes that they wouldn’t own for ten years. That rule should double for exchange-traded index funds (ETFs). Instead, investors hit ETFs back and forth like table tennis players. High frequency trading institutions make every ball a blur. Not every investor trades. Many buy and hold. But some—without realizing it–feed their brokerages batty instructions that could cost them 25 percent or more in a single trading day.
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/how-etf-investors-can-lose-a-lot-of-money
