Understanding Exchange-Traded Funds / Edition 1

Understanding Exchange-Traded Funds / Edition 1

by Archie Richards
     
 

View All Available Formats & Editions

ISBN-10: 0071484914

ISBN-13: 9780071484916

Pub. Date: 03/22/2007

Publisher: McGraw-Hill Professional Publishing

Discover How Investing in Exchange-Traded Funds
Can Help You Build a Winning Financial Portfolio

"Archie Richards delivers the nuts and bolts of ETFs---and much more that the investor needs to know."

Gary L. Gastineau, early developer of exchange-traded funds,
Managing Director of ETF Consultants, LLC

"ETFs are not a form of

Overview

Discover How Investing in Exchange-Traded Funds
Can Help You Build a Winning Financial Portfolio

"Archie Richards delivers the nuts and bolts of ETFs---and much more that the investor needs to know."

Gary L. Gastineau, early developer of exchange-traded funds,
Managing Director of ETF Consultants, LLC

"ETFs are not a form of extraterrestrial, but they do remain a mystery to many. We should be grateful to Archie Richards for explaining everything about them and also offering mush useful advice. This is a timely and terrific book on one of today's hottest investment topics."

Hunter Lewis,
Co-founder, Cambridge Associates, LLC

"Understanding exchange-Traded Funds is a no-nonsense approach to setting financial priorities, and a crash course on the basics of investing. Archie's description of various investments gives the information you need to become a wise investor."

Steve and Annette Economides,
Authors of America's Cheapest Family Gets You Right on the Money

“Archie Richards is the go-to guru for ETFs, and Understanding Exchange-Traded Funds simply cements that reputation. If you're dipping your toe into the ETF waters for the first time, now you can jump right in instead. Understanding Exchange-Traded Funds is the investment life preserver you've been waiting for, and Archie Richards is the guy you want guiding you through the strokes.”

Angele McQuade, author of Investment Clubs for Dummies and book reviewer for Better Investing magazine

Turn to Understanding Exchange-Traded Funds for a quick, accessible overview of ETFs_the hottest and most significant investment tool of recent years. This expert guide explains why exchange-traded funds are important and why they work so well, highlighting the advantages of ETFs over traditional mutual funds and discussing all the new types of ETFs.

Keeping complex mathematics to a minimum, Understanding Exchange Traded Funds thoroughly covers:

  • The key elements of ETFs: costs, redemption, the three basic categories, tax consequences, and more
  • How to use ETFs for asset allocation or retirement accounts
  • How and where to buy ETFs
  • The ETFs offered by Barclays, Vanguard, State Street, and other companies
  • Avoiding common ETF mistakes and misconceptions

Product Details

ISBN-13:
9780071484916
Publisher:
McGraw-Hill Professional Publishing
Publication date:
03/22/2007
Edition description:
1ST
Pages:
288
Product dimensions:
0.61(w) x 8.50(h) x 5.50(d)

Table of Contents


Preface     v
Building Blocks
Stocks     3
Secondary Trading     13
Those Quirky Bonds     19
Mutual Funds     27
Indexes and the Funds That Track Them     37
Exchange-Traded Funds
The Basics of Exchange-Traded Funds     49
Comparison of Costs     65
Comparison of Risks     75
Comparison with Actively Managed Mutual Funds     83
Comparison with Index Funds     91
Guidelines and Strategies
General Financial Guidelines     99
Mostly Bum Strategies     121
Pretty Good ETF Strategies     135
The Ins and Outs of Brokerage Accounts     147
Fear Not the Purchase of Stocks     155
Approaching a Promising Investment Strategy     165
A Superior Portfolio of Exchange-Traded Funds     191
Current U.S. Exchange-Traded Funds     197
Sponsors, Indexers, and Other Information     229
Glossary     237
Bibliography     275
Index     277

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