you can get be a index or e.t.f. for one-fifth the price. i like van guard total bond market.in forbes that said if you look long-term bonds are a better buy than stocks. they own a lot of corporate bonds and some government bonds. you get a hedge and it is probably going to be pretty stable. stuart: do you like that, mike? >> i think you are too young for a bond fund. we need some return right now. that why you go with royce value. up 5% a year over the last five, small cap value stocks will lead us out. stuart: quentin, what do you think of that? >> it does beautiful hard work but when one sector is hurt, everything in stocks is off. stuart: three funds, there you have it. you have to own them for the second half of 2009. that, regrettably is it for

or e.t.f.s. there are now 800 e.t.fs listed on u.s. exchanges more than five times the number just five years ago. what's behind the boom? suzanne pratt takes a look. >> reporter: from sugar to wind energy to gasoline prices and luxury items-- you name it-- it seems there's an e.t.f. for almost anything that's right, there's one for the gaming industry, too. exchange traded funds, or e.t.f.s, are a basket of securities that usually mirror an index, from well-known benchmarks to obscure measures. many are first cousins to regular index mutual funds. but, lately investors have been hungry for e.t.f.s mostly because of their transparency, tax efficiency and cheap price. they can also be bought or sold at anytime, a clear benefit in the recent bear market. strategic insight has been keeping tabs on e.t.f.s for more than a decade and co-founder avi nachmany credits mass appeal for the rapid growth . >> they satisfy a very wide range of audiences, institutional investors, hedge funds, financial advisors, mutual funds that actually invest a p

e.t.f. for almost anythin that's rightthere's one for the gaming industry, too. exange traded funds, or e.t.f.s, are a basket of securities that ually mirror an iex, from well-known nchmarks to obscure measures many are first cousinso regur index mutual funds. but, lately investors ha been hungry for e.t.f.s mostl because of their transpancy, tax efficien and cheap price. they can also beought or sold anytime, a clear benefit in the cent bear market. strategic insight has been keeping tabsn e.t.f.s for more than a decade and co-fnder avi nachmany cdits mass appeal for the rapid growth . >> they satisfy a ry wide range of aiences, institutional investors,edge funds, financial advisors, mutual funds that tually invest a poron of their assets in e.t.f.s. >> reporter: the e.t.f. e is dominated by barclays global investors with its ishar, soon to bowned by blackrock. ste street global and vanguard slice upuch of the rest. that pie is getting taier. e.t.f.ssets stand at close to $600 billion-- double what ty were four years o. but e.f.s account for less than 7% of the total fund sets here ith

e.t.f. for almost anything that's rht, there's one for the gaming industry, t. exchange traded funds, or e.t.f.s, are a baskeof securities that uslly mirror an ind, from well-known benchmarks to obscure meases. many are first couns to regulaindex mutual funds. but, lately investors have been hungry for e.t.f.s mtly because of their transparey, tax efficiencynd cheap price. they can also be bght or sold atnytime, a clear benefit in the rent bear market. strategic insight has been keeping tabs oe.t.f.s for more than a decade and co-fouer avi nachmany crets mass appeal for the rapid growth . >> they satisfy a ve wide range of audnces, institutional investors, hge funds, financial advisors, mutual funds that acally invest a porti of their assets in e.t.f.s. >> reporter: the e.t.f. piis minated by barclays global investors with its isharessoon to be ned by blackrock. statstreet global and vanguard slice up mh of the rest. that pie is getting tastr. e.t.f. aets stand at close to 00 billion-- double what the were four years ag but e.t.s account for less than 7% of the total fund asts here in e