Here’s the least original statement of 2017: There are a lot of different ETFs. There are:
- Equity ETFs
- International ETFs
- Fixed income ETFs
- Currency ETFs
- Commodity ETFs
- Volatility ETFs
There are a few others I forgot, plus leveraged and inverse versions of most of these.
As you know, macro investing is where you take a top-down view of economic trends. You then take long or short positions in: equities, international equities, fixed income, currencies, commodities, volatility… with or without leverage.
WAIT A MINUTE.
ETFs have made it possible for everyday investors to invest like George Soros.
Except most everyday investors inevitably do a much worse job than George Soros!
Still, it is lots of fun. It is just probably not in the best interests of your retirement savings.