SPDR S&P 500 (SPY): Or you could do these: http://www.hbp...

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Re: learningboutinv post# 46458

Wednesday, 04/09/2008 8:54:02 AM

Wednesday, April 09, 2008 8:54:02 AM

Or you could do these:

http://www.hbpetfs.com/fundSummary.asp

There is an extra component to this of converting US$ into Canadian and buying shares ( ie. a double play if the US $ keeps going down ) since they are traded on the Toronto xchange. My IB account allows this ...

In order to be a successful trader:
1) Do a couple thousand trades over a 10 year period,
2) Lose a large amount of money 2 or 3 times and scare the sh_t out of yourself
3)Have a big enough bankroll to comfortably ride out #1, #2

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