Any suggestions on a stable long term ETF?

[aaltoippp]

Day 4 of trading. I still have placenta juice all over me from the newness, so forgive me. QUESTION: A member on this site discouraged me from buying mutual funds as opposed to ETFs which you can do a lot more with. My question is, what would be a good suggestion on a long term ETF that is stable, (even in this current market), and that has a decent payoff? I'm looking to invest a few hundred dollars into such a long term ETF that has been known to give a decent payoff over time, and if anyone on here has had success with one or more that they can recommend, the info would be GREATLY appreciated!

[abkekecifip]

Right now that is a tough one to answer. Nothing is stable. Much depends on the entry point.

One that I own long is PFF. This is an income play and is currently near it's low. It is a basket of preferred stocks. There is a good chance of capital gain as well as 10% yield.

[AbnormalReturns]

Horsefish: How much of the PFF is Ford and Fannie and Freddie and others where the preferred shareholders are expected to take a beating or even get wiped out?

[acekuwihaz]

what do you mean by "stable" and "payoff" ?

i just checked some of the top ETF's held and they are all trading closely to or are setting their 52 week lows, other than GLD