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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
Home / Markets / Industries / Retail
Monday, September 15, 2008
Whirlpool To Lay Off About 700 Workers In Fort Smith, Ark.
Wallace Witkowski
MarketWatch Pulse
SAN FRANCISCO -- Whirlpool Corp. said Monday it will lay off about 700 workers at its Fort Smith, Ark. plant. Whirlpool said the lay offs will begin in November, and that there is no timetable "for when employees may be called back to the facility."
Copyright © 2008 MarketWatch, Inc.
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