Investors frequently hear that they should be investing for the long-term while trying to ignore near-term market gyrations. With the benefit of hindsight and historical data, it is clear that long-term investing has its merits, but some more volatile, higher beta industries and sectors do not always jibe with investing for the long haul.
At least on the surface. Among exchange traded funds, the PureFunds ISE Cyber Security ETF (NYSE: HACK) might not jump off the page as the epitome of a long-term investment. Some naysayers have even questioned whether or not HACK is more fad than an ETF with legitimate staying power. Well, HACK has addressed the latter point with aplomb, pulling in nearly $1.1 billion in assets in less than a year of trading.
Related Link: This Cybersecurity ETF Is Chock Full Of Takeover Targets
As for the long term, HACK has plenty of merit on that front, much of it driven by the ever-increasing cost of defending against cybersecurity costs. Simple economics dictate that the more companies have to spend on defending ...
/www.benzinga.com/trading-ideas/long-ideas/15/10/5892950/the-cybersecurity-etf-long-term-view-is-bright alt=The Cybersecurity ETF Long-Term View Is Bright>Full story available on Benzinga.com
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