I have seen conflicting opinions as to whether etfs should be one's sole equities investment vehicle. The pros: liquidity, built-in diversification, trim management and trading expenses. The cons: watered down dividends vs buying only high-yield equities, (lately) over-specialization, the possibility of duplication across multiple issues, and (the big one) over-weighing by market cap.
I feel that the pros outweigh the cons in my instance; can anyone help me in reinforcing my feeling, or can anyone justify why one shouldn't look toward etfs for one's primary investment vehicle?
I feel that the pros outweigh the cons in my instance; can anyone help me in reinforcing my feeling, or can anyone justify why one shouldn't look toward etfs for one's primary investment vehicle?