Two distinct groups of investors have emerged since the U.S. stock market rally began in early March. Initially overly cautious and smug in their desire to protect themselves, the first group of investors were convinced the rally was going to sputter and stall. It hasn’t, and 57% later these investors now believe they’re getting left behind, so they’re piling into the key indices in effort to make up lost ground.

You’d think that after losing over half its value, the S&P 500 would be cheap. But you would be wrong, too, just by thinking that thought.

Oxford Club’s Alexander Green says making the switch from mutual funds to ETFs can save thousands in taxes and expenses. Changing funds now can also help psychologically, by locking this year’s huge losses in the past. Alex lists eight ETFs that can “help turn market lemons into lemonade.”

ETFs are an extremely popular investment option, due to their low costs, diversified risks and accessibility. Here, Jonas Elmerraji looks at the various ways of investing in ETFs. He also recommends three small-cap ETFs for penny stock portfolios.

It’s hard to believe that last Monday the Dow surged by 289 points on news of the feds’ rescue of Fannie and Freddie. Today traders are in full panic mode. They have sent Dow futures down by 342 points, leaving the index at 11,109.

Rick Pendergraft advises investors to do one of two things: “If you are a long-term investor, ignore most of the news unless it affects one of your stocks in particular. If you are a short-term trader, take profits quickly and take losses even quicker.”

Buying an inverse ETF that profits as the market drops is also a sound way to insure against losses…