Hi Paul, I’m considering investing in some domestic and OS ETFs shortly. My concern is we are in a rising market currently.
Does this make ETFs expensive like it does shares? In other words, can ETFs be bought at any time regardless of what the broader market is doing?
Thanks,
A: Thanks for the question.
While you can buy ETFs at any time, their price will depend on the overall market. So, if the market moves higher, the ETF will rise in price – and vice versa. They act just like shares.
So, if you are concerned that the market is a bit expensive, then don’t invest in ETFs.
One caveat to the above – there is an old adage in markets -it is time in the market that matters more than timing.
regards
