Mark Kennedy has traded ETFs for over 14 years. He was an ETF options trader on the Philadelphia Stock Exchange floor and a Vice President of Derivatives Trading for Goldman Sachs. Now he enjoys writing about ETFs and giving first-hand insight to his readers.
Mark spent over 12 years screaming and yelling on the Philadelphia Stock Exchange (PHLX) floor before leaving to use his financial skills to start his own Philadelphia SEO and marketing company. In the oil pit, Mark traded the oil sector ETF (OIH) as well as the oil sector Index (OSX). As Vice President of Derivatives Trading for Goldman Sachs, Mark's trading positions were not limited to the oil ETF, but his portfolio included other ETFs such as the Q's.
Mark graduated from LaSalle University with a degree in Finance. A few years later he returned to LaSalle and attained his Masters degree in Finance. Not longer after, Mark went on to pass the Certified Financial Analyst (CFA) Examination.
By Mark Kennedy:
While ETFs are intriguing products, it is important to understand how they work before you include them in your portfolio. They can be a great hedge, as well as the perfect way to gain some exposure to a certain market or industry. However, like all investments, they do have risk. My goal is to show you the best way to utilize ETFs as part of your investing strategy.