Warren Buffet recommends index funds: I have nothing against ETFs, but I really think an index fund that just charges a few basis points for management is pretty hard to beat, says Mr. Buffett. You put it away, you have nobody encouraging you to trade it next week or next month… your broker isn’t going to be on you.

Read The Full Article Here:
Index Funds vs. ETFs: Which Is Right for You?
http://etfdb.com/2009/index-funds-vs-etfs-which-is-right-for-you/