As we head into the mid-day on this Friday we have a great example of why we recommend using up to four ETFs in the construction of your portfolios. Small caps are saving our daily bacon!
As I write this just before noon FFTY is UP 1.66% and IJR is UP 0.33% This is more than offsetting the drops in our larger cap ETFs: RDIV and QQQ.
Some days they are all up, some days they are all down, but on a day like this, when large caps are worried about the Turkish economy and contagion, it's nice to have the hedge.
Happy Friday!
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