I've been mulling toe in water on a couple jrs. myself, haven't settled on any particular ones but know which ones are being talked about. The ETF idea might be something I'd rather play with a little, actually. I am sitting on some decent cash from the runup in one of oil and gas plays I sold lately. Altho I got a weird vibe from a chatboard comment elsewhere yesterday talking about taxes owed on phantom profits in Limited Partnerships (LP's), which my sold stock would be one of those.
Wondering if I'm going to get hit with a taxes owed bill? Nah, it was in my Roth account (it was supposed to be a dividend producer but changed their rules after I bought it-no dividends). Bingo! I'd been beating myself up for not buying it in the taxable account where I wanted some cap. gains rather than interest earned tax issues, now I have a good reason to buy it again in the Roth account sometime or other again when the fundamentals look good again. Whew!