Develop ETF expertise with this straightforward guide Investing in ETFs For Dummies has all the basics you need to make calculated and profitable choices when investing in exchange-traded funds. ETFs make it possible for investors to quickly and easily gain exposure to wide swaths of the market. There are funds that are linked to popular market indices like the S&P 500, there are quirky thematic funds that allow you to invest in stuff like video game technology or breakfast commodities, and there’s everything in between. This updated guide helps you sift through it all, covering the pros and cons of ETF investing and walking you through new and time-tested ETF strategies. Add some ETFs to your portfolio and profit in any market environment, thanks to this simple Dummies guide. Investing in ETFs For Dummies is a great starting point for anyone looking to enhance their investment portfolio by participating in the nearly $2 trillion ETF market.
A touch too conservative for me (or maybe I just have a much higher risk appetite than the author does), but I can't deny that this is a good explainer and introduction for the subject. This is the book I'd recommend to people who want to safely dip their toe into investing outside of a 401k, but are afraid of getting overwhelmed with individual stock picking.
More specifically I thought it was interesting how the author strongly advocates for a combination of large cap growth, large cap value, small cap growth, and small cap value ETFs, but doesn't address large or small cap blend funds, and just kind of hand-waves off midcaps altogether. Also surprised me seeing international/ex-US funds getting recommended so highly, but maybe that's just my recency bias bleeding through. Still, all kinds of options are presented and explained, and I particularly appreciated the breakdowns on REITs and commodity funds. It's a shame this came out in 2021 before the SEC approved spot crypto ETFs; I'm curious (but can guess) what the author would think about the likes of $IBIT or $FBTC.