Wall Street’s Best ETFs | April 1, 2021
Please Note: We are publishing this issue early due to our office being closed this Friday for a holiday.
Spring is officially here, and while health experts warn of another COVID-19 surge after spring break, there are signs that we are coming out of this long dark period: more than 46 million folks in the U.S. have been vaccinated and several states are beginning to relax restrictions.
The markets and economy continue to improve. And while housing inventory is at a low, homes are still being built and existing homes sales came in at 6.22 million in February. Now that we are gearing up for warmer weather and the coronavirus is slowly waning, I expect more homes to come to market, which should keep that area of the economy marching forward.
We’re adding another sector fund this month for our Feature Recommendation, one that specializes in the defense and aerospace sectors, which will be receiving some nice government influxes over the next few years.
In the More you Know section, we are continuing to inform you of some of the special qualities that are inherent in investing in ETFs and Mutual Funds. This month, we are dissecting some of the typical mutual fund expenses, so that you can be more informed as you proceed with your investing strategy.
We remain carefully bullish, and are happily taking profits in another of our portfolio picks this month–T. Rowe Price Blue Chip Growth Fund (TRBCX), which we are selling for an 83.7% gain.
We appreciate those of you who tuned into our first monthly Platinum Club call. Our next one is on April 13. We hope you will join us!
Should we see any major changes or news in our portfolio in between issues, we will send you a Special Alert. Otherwise, have a great month, and we’ll talk soon.