There is a lot of interest among investors and wannabe investors in the Facebook IPO. But most of us won't be able to get Facebook at launch or even after that if it shoots up too high as expected. So what can you do? Get ETFs. An ETF (Exchange Traded Fund) is similar to a mutual fund. It is composed of other actual stocks and is traded pretty much like any other stock.
Only specific ETFs will be investing in the Facebook stock (symbol:FB), and of those not all of them would be getting it soon after launch. Based on an article at ETFdb.com SOCL will be the first one to include FB on May 25th. Mind you that is the expected date of purchase, since ETFs don't have fixed public schedules for future purchases.
Don't know where to start? Get an ING Direct ShareBuilder account with the link below.