Recently, I had an email exchange with a reader, who misunderstood the exact recommended sell stop figures and used 7.5% for broadly diversified equity mutual funds/ETFs and a range of 10-12% for sector and country ETFs. There is nothing wrong with using a sell stop percentage that you are comfortable with, such as 7.5%. I know of advisory firms that use 8% straight across the board

The WSJ reports that “ ETFs Make Inroads With 401k Investors :” Exchange-traded funds have been the hot thing in the investment world these days, but not among retirement plans. That may be changing, as ETFs finally are gaining a foothold in the 401(k) retirement-plan market. According to estimates from BlackRock Inc., the largest sponsor of ETFs, investors hold at least $2 billion of its iShares ETFs in 401(k) plans after buying about $500 million in fund shares last year.

Acquiring investing knowledge is important. The earlier you acquire this knowledge of how your money can work for you, the better for you. In order to gain financial independence you need to understand first and foremost that hard work is important, but not enough.

Mark Hulbert wrote and interesting story called “ Lost and Found .” Here are some highlights: The “lost” decade? Maybe so.

http://www.youtube.com/watch?v=qVgrb4mMNnw&feature=related