auction spdrs.info

[dpierce]

"SPDRs can be bought and sold throughout the day as they trade freely on the American Stock Exchange, which is for some investors an improvement over S&P 500 Index funds, which can only be bought or sold at the end of a trading day. Also, buying and selling among individual investors in SPDRs does not cause tax consequences for other investors, unlike a mutual fund. In a index fund if there were mass selling that caused the fund to liquidate part of its portfolio, it would cause tax consequences for investors that would be distributed at year end -- the same is not true for SPDRs. Finally, for investors of a perverse bent, you can even short SPDRs, which you cannot do with an index fund."

SPDRs are gaining popularity among investors as an alternative to mutual funds. Don't let this opportunity to own spdrs.info pass you up.

Opening Price: $20