How to invest and trade profitably and safely in ETFs.
Exchange traded funds (ETFs) are investment funds that hold a basket of stocks, bonds, commodities, etc. and trade on an exchange. Globally, ETFs have been an "overnight" revolution and now represent nearly every asset class. Indian investors are very familiar with gold ETFs, with an ever greater variety of ETFs becoming increasingly available.
An ETF is much like a mutual fund but has many terrific advantages besides being exchange traded. Their complete transparency enables ETF investors to get a continuous fix on their positions and easily readjust their portfolios. Also, ETFs are cheap to buy and own and their instant liquidity ensures flexibility of investment strategy.
This book reveals how ETFs provide both investors and traders a unique set of benefits:
What an ETF is and the different types of ETFs
How ETFs score over mutual funds and stock picking
How ETFs make asset allocation easy
How to select a suitable investment strategy using ETFs
How to build and manage a diversified equity portfolio with ETFs
Why ETFs have become such a favourite of traders
Special uses of ETFs, including hedging against possible losses
How to guard against the top 10 mistakes made by beginners.
Here is complete guidance on how you can profit from ETFs — safely