ETFs - one thing to think about..how to 'short'

A traditional ETF doesn't short its position so is always what we call 'long'..which means you are exposed if prices fall. Active managers on the other hand may short (and increasingly doing so) but you have no control over how much; (outside of the investment mandate/policy) nor how well they will hedge their position.

If you do chose an ETF then consider buying a corresponding 'short' ETF - it won't be geared so you can only buy corresponding units - think then of it more as either a way to mitigate (not remove) loss if markets do fall.. or as seperate investments that will cash in at different periods depending on market direction (a bit like a poor man's market neutral strategy)

Always remember the time horizon of each investment and stick to your BUY and SELL targets.

Food for thought.
JB