Anyone have anything good/bad to say about QLD and/or UYG ETFs (exchange traded funds)? I am about to embark into the trading world and received some advise from a broker friend to buy into these two particular ETFs. I am still kind of learning all about ETFs in general, but have already made my decision to definitely go with them compared to stocks or mutual funds, based on my research. So now I am just trying to figure out where to plunk my money. I am high risk and willing to wait this out several years, perhaps even 5+. Also, I plan to use scottrade which is only $7/share and seems to have virtually no other fees, not even an account transfer, inactivity fee, or account withdrawal/termination, which is rare. Sorry for the long question, I know there are tons of stock/trading gurus out there who can share some pearls of wisdom about this in general, and if you specifically have any knowledge of these two ETFs, even better. Thanks in advance!