Executive Summary: Trading sector funds may look easy, but the odds aren’t in your favor. This article explores the temptations, risks and realities of trying to time the market using Vanguard’s sector ETFs—and why a diversified approach beats chasing last year’s winners.
The siren song of trading is hard to resist: Make a few quick moves, kick back, and watch the money roll in. Remember those old E*TRADE ads? They told us it was so easy, even a baby could do it.
If only.