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Product Description
Quickly and easily learn the basics of Exchange-Traded Funds
Understanding Exchange-Traded Funds gives both seasoned investors and newcomers to the investing world a quick, accessible way to learn the basics of ETFs. Avoiding the use of complicated mathematical formulas and charts, financial expert Archie Richards Jr. clearly explains why ETFs are important and why they work so well, their advantages over mutual funds, the new types of ETFs, and how and where to buy them.
From the Back Cover
[Richards: Understanding Exchange-Traded Funds, 0-07-148491-4, Back Cover Copy]
[Design: box off quote or set aside from rest of copy in some way]
“The best book on exchange traded funds to date. Richards provides critical background needed to properly incorporate ETFs into any portfolio. ETFs aren't your grandfather's mutual funds and this book shows you why.”
Tom Lydon, Proprietor of ETFtrends.com
Discover How Investing in Exchange-Traded Funds Can Help You Build a Winning Financial Portfolio
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
About the Author
Archie Richards, Jr., CFP, is a former broker and Certified Financial Planner with more than 30 years of experience in the financial industry and the author of McGraw-Hill's All About Exchange-Traded Funds.
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