The Wisdom of Investing in ETFs

The Wisdom of Investing in ETFs

by David Gaffen
     
 

This Element is an excerpt from Never Buy Another Stock Again: The Investing Portfolio That Will Preserve Your Wealth and Your Sanity (9780137071555) by David Gaffen. Available in print and digital formats.

 

Should you trade ETFs? An objective look at the pros and cons, the pitfalls, and how to avoid them.

 

ETFs

Overview

This Element is an excerpt from Never Buy Another Stock Again: The Investing Portfolio That Will Preserve Your Wealth and Your Sanity (9780137071555) by David Gaffen. Available in print and digital formats.

 

Should you trade ETFs? An objective look at the pros and cons, the pitfalls, and how to avoid them.

 

ETFs have some distinct advantages, such as tax efficiency, the ability to get in and out whenever you want, and in some cases, super-low expense ratios. However, there’s a downside, particularly for investors without discipline. The ability to trade whenever you want can exacerbate investors’ emotional desire to constantly shift positions. And some ETFs are just outright perilous…

Product Details

ISBN-13:
9780132695367
Publisher:
Pearson Education
Publication date:
12/15/2010
Series:
FT Press Delivers Elements
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
15
Sales rank:
999,430
File size:
245 KB

Meet the Author

David Gaffen, Markets Editor for Thomson Reuters, supervises and posts to Reuters.com’s Global Investing Web blog. He founded and served as main contributor to The Wall Street Journal’s MarketBeat blog, which he established in 2006 and managed for three years. During that time, he covered Wall Street from its high to the very lows of 2008 and into the recession of 2009, gaining a reputation as a trend spotter and astute markets analyst. Gaffen has appeared on Fox Business, CNN International, and National Public Radio.

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