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The fast and easy way to get a handle on ETFs Exchange-traded funds (ETFs) have a strong foothold in the marketplace, because they are less volatile than person stocks, for less than most mutual funds, and subject to minimal taxation. But how do you use this financial product to diversify your investments in today's fast-growing and ever-changing market? Exchange-Traded Funds For Dummies shows you in plain English how to weigh your choices and pick the exchange-traded fund that's right for you. It tells you everything you need to recognise with regards to building a lean, mean portfolio and optimizing your profits. Plus, this modified edition covers all of the most recent ETF products, providers, and strategies, as well as Commodity ETFs, Style ETFs, Country ETFs, and Inverse ETFs. - Create the stock (equity) side of your portfolio
- Handle peril control, diversification, and progressed portfolio theory
- Manage small, large, sector, and international investments
- Add bonds, REITs, and other ETFs
- Invest smartly in cherished metals
- Work non-ETFs into your investment mix
- Revamp your portfolio to fit life changes
- Fund your retirement years
Plus, you'll get answers to normally asked questions regarding ETFs and counsel on how to keep out of the way of errors that a heap of investors—even the experienced ones—make. It provides forecasts of the future for ETFs and personal spending and also provides a finish list of ETFs and Web resources to aid your investment. With Exchange-Traded Funds For Dummies, you'll soon discover what makes ETFs the hottest investment on the market!
From the Back Cover The fast and easy way to get a handle on ETFs
Playing with cash may be highrisk to your wealth, so how may you use ETFs to diversify your investments without losing your cash and your cool? Exchange-Traded Funds For Dummies, 2nd Edition shows you in plain English how to weigh your choices and confidently pick the ETFs that are right for you to build a lean, mean portfolio and optimize your profits. So what are you waiting for? The ABCs of ETFs — find out everything from what makes ETFs so sleek and economical to what goes into actually buying, holding, and retail them Don't put all your eggs in one basket — discover how to mix and match your stock ETFs to build a diversified portfolio that will serve you well in both good times and bad Put the "I" in diversification — meet a bevy of bond, real estate, and commodity ETFs you may massage into your portfolio for greatest or most complete or best possible diversification Sample the menu — take a look at sample portfolios and find one that fits like a glove, or tinker around and make one that suits your personal tastes, preferences, and goals Find your zen — each good portfolio needs a cool head and steady hands to maintain and finetune it, and that's just what you'll learn to do
Open the book and find: The deviations amongst ETFs and mutual funds The ETF players: Who creates, sells, and manages the funds Risk control, diversification, and other things you need to know Lots of choices for investing in stocks of small, large, growth, and value companies Advice for adding global investments to your mix ETFs that concede you to invest in industry sectors Ten errors most investors (even smart ones) make
Learn to: Navigate the ETF marketplace Make informed investments Grasp the latest ETF products, providers, and strategies
About the Author Russell Wild, MBA, is a NAPFA-certified financial consultant and crucial of Global Portfolios, an investment advisory firm. His writing has appeared in some national magazines and a heap of professional journals. He is likewise the author of Bond Investing For Dummies and Index Investing For Dummies. |
Most helpful client reviews 37 of 41 persons found the following review helpful.
 Highly Recommended Introductory Guide to ETFs
By L. Masonson
Reading this 338-page book will make you a very intellectual ETF investor. Whether or not you will be successful depends on you. Russell Wild, the author, provides a solid, entertaining, and comprehensive analysis of ETFs - the latest Wall Street craze. ETFs have grown to over $400 billion in sum totals with over 438 ETFs in existence.
Wild begins with the history of ETFs. Then he compares ETFs to stocks and mutual funds including the tax significations of marketing ETFs, and the deviations in annual expense ratios. A comparison to closed-end funds would have also been helpful, since a lot of investors are not intimate with that utile investment category.
One chapter introduces the need to open a brokerage account to buy and trade ETFs, and then focuses on the major firms providing them. Next, the author delves into the riskiness of ETFs, how danger is measured, and discusses beta and correlation. Many investors will learn a outstanding deal regarding risk in this chapter, which they often times neglect in making investment decisions.
The author has multiple chapters on the basic ETFs, including huge and little caps focusing separately on value and growth, and then reviews sector ETFs, REIT ETFs, and commodity ETFs.
In one of the closing chapters, Wild provides sample ETFs portfolios for dissimilar peril levels, suggest that buy-and-hold is the way to go, and then provides a few exclusions to that approach. He also includes a chapter on using ETFs in retirement plans, as well as has chapters on the 10 most mutual questions in regards to ETFs, and the 10 biggest errors investors make.
Wild includes a 12-page appendix from www.etfguide.com that holds a listing of 300 ETFs by wide categories, their name, ticker symbol, expense proportionality and exchange. Since there are now 438 ETFs, this appendix is out-of-date and useless, wasting twelve pages. The reader may go directly to the website to get the latest listings.
Another appendix holds a cross division of ETF and other utile websites. Another splendid internetsite to add to his list is www.etfscreen.com, which provides current short-term performance info after each day's market close on all the ETFs. The 6-page glossary of terms and the 14-page index all provide helpful information
In conclusion, this is plainly the best basi book on ETFs. The author provides a good deal of utile tables, charts and diagrams to fetch home his key points. For those investors looking to actively trade or invest in ETFs, or are searching for profitable back-tested schemes the next book they will have to buy after this one is Marvin Appel's Investing With Exchange-Traded Funds Made Easy (see my review of this book on AMAZON). If investors/traders want to use a simple relative strength approach, then they will have to consider David Vomund's ETF Trading Strategies Revealed paperback not long back released. 22 of 23 people found the following review helpful.
More than just ETFs
By Gene Retske
Even though this book is concentered on ETFs, it is far more than just that. It in truth covers investment scheme in an easy-to-understand manner. It compares ETFs to other investment vehicles, and demonstrates how to remainder a portfolio to meet specific investment goals. What I found specially valuable was Chapter 16 - Sample EFT Portfolio Menus. It is broken down by investment goals (i.e. - "Racing toward riches: a portfolio that may require a crash helmet.") and has specific ETFs and the proportions to meet the stated goal.
This is the best book I have ever seen for intermediate level investors. It informs without lecturing and provides specific, actionable recommendations. 16 of 16 people found the following review helpful.
 Excellent intermediate level read
By W. Shang
Mr. Wild is an agreeably diverting writer, who breaks down what is suitable for small, medium and wealth investors. My only wish is his chapter on sample portfolios were more detailed. I would have liked to see sample portfolios optimized for cost, risk tolerance, equity only and for those nearing and in retirement. Vanguard will have to consider giving away this book out to any person opening an account with them, given how much he repeatedly triumphs Vanguard's closely universal low fees! See all 29 client reviews... |
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