Investing in ETFs For Dummies

by Russell Wild

Diversify! Add ETFs to your investment portfolio Whether you are a seasoned investor or you're just getting into the investment game, one thing is certain: you need to diversify! "Investing In ETFs For Dummies" is a practical, easy-to-use resource that introduces you to the world of exchange-traded funds--and provides you with the knowledge you need to incorporate ETFs into your investment strategy. Discover commodity ETFs, style ETFs, country ETFs, and inverse ETFs, all of which play an important role in this new trading environment. Supplement your knowledge with an understanding of the risks and rewards associated with ETF investments, and consider how ETF investments can complement your current portfolio.

Though not as well-known as some other investment options, ETFs are wonderful tools for filling in the gaps in your investment portfolio. These investment options have the power to give you access to markets or investment areas that, otherwise, may be restricted, too expensive, or exceedingly risky--and can open investment doors you may have not yet considered. Understand how to navigate the ETF marketplace with confidence Make informed investment decisions based upon fundamental knowledge about the ETF market Explore the latest ETF products, providers, and strategies to guide you in choosing the right ones for your needs Increase the diversity of your investment portfolio, and bring a new facet of potential to your investment strategy

"Investing In ETFs For Dummies" is a great resource if you're looking to enhance your investment portfolio by participating in the ETF market!

Genres: Finance, Nonfiction, Money

890 pages, ebook

First published November 2, 2015

Reviews

[Michael Slaughterfork · Rating 4 out of 5]

Overall good book, with investor-oriented recommendations that make sense and match with recommendations of other authors if this field.

Good if you have some basic knowledge in Investing before reading. So don’t be a dummy ;) You should preferably know about stocks, bonds, funds before reading this book. Also take care since this book is focused on the US-economy and political system and of course the ETF-recommendations are a little outdated and don’t entirely work in Europe, where I live.

[Ben · Rating 4 out of 5]

As the financial noob I am, while I certainly appreciated the overview of ETFs, I think the most value I got out of this was the general strategies on how to manage one's investing portfolio. The author also seems more risk-averse than I have been led to believe is necessary so far, with his insistence on having substantial holdings in bond funds, even for younger folks. Also, while I understand and appreciate the diversification ETFs have to offer, the author seems to offer no room for rolling the dice on companies that may share certain value or growth characteristics of ETFs. I get it, but that's just not as fun!

[Roy · Rating 3 out of 5]

I liked how the author explains complex notions related to ETFs in a very simple and humorous way, which makes the book highly accessible to those without a finance degree. The book covers pretty much all the basic concepts of solid, long-term investing, such as buy-and-hold strategy, risk diversification, minimizing investment costs, and periodical portfolio rebalancing. The only minor downside is that it's focused solely on the ETF products sold in the U.S.

[East-Daikon · Rating 5 out of 5]

This is a good book to read before you buy ETFs for the first time or soon after. It's in plain English and all the scenarios you need to consider are covered in this book.

For example, after one chapter I spent a lot of time googling what if the custodian goes belly-up? (Oh my god!) Even though it's US-specific, the fact that it raises questions means you can go off and do your own country-specific research and find the answers and go into things educated about what could go wrong.

Another plus is how this book explains concepts in a simple way with examples, this is one on rebalancing to manage your risk for instance. It's very counterintuitive to sell the ones that are doing well but that's what you need to do.

This book is packed with useful nuggets like this, would recommend to anyone who is new to ETFs. Will come back in ten years with an update of how this book has worked for me...

[Nathan De · Rating 4 out of 5]

The bible of ETF investing, also covering some basic good financial strategy and wisdom across the board. Also for a book on finance Russell wrote this book with a lot of humor and stories. Good stuff, so read the book! If you cannot, some of the basic takeaways are: be very wary of costs (trading and taxes), minimize risk by diversifying according to the style investing matrix: cap size vs value to growth across stocks and bonds, domestic and international and play a long-term game only re-balancing on average once a year.

[Shreyans Doshi · Rating 3 out of 5]

Good starting point for investing in ETFs

[Dray · Rating 4 out of 5]

Didn't know squat about ETFs and now I do, good intro the subject. Allowed me to start using the various on-line calculators to slice and dice ETFs.

[Ashe Magalhaes · Rating 4 out of 5]

Pretty good/quick read to get your feet wet with ETFs, but I do wish the author had spent more time on different portfolio recommendations across people of different demographics.

[Dora · Rating 3 out of 5]

Russel Wild's "Investing in ETFs for Dummies" serves as an excellent introduction to the world of ETFs. Wild targets both beginner investors and seasoned investors in need of a refresher, and his writing style is tailored accordingly, using language that is accessible to novices. While the book primarily focuses on U.S. investors, Wild also acknowledges his non-U.S. audience and provides guidance for them. European investors, like myself, should not be deterred by the book's focus. The advice is general enough to be applicable to investors worldwide.

[Bill Donhiser · Rating 3 out of 5]

Well written informative book on ETF's it really reinforced what I already knew. It was a good review course before reallocating some of my investments

[Linda Carmel · Rating 3 out of 5]

I gleaned what I could from this book as
I am Canadian. I find the topic very dry, so appreciated the authors humor.

[Tommaso DeBenetti · Rating 4 out of 5]

Very clear and simple to read despite the topic. The only minus is that it's US-centric and as a European I still need to figure out several stuff that could have been covered however briefly.

[Maxim Chetruşca · Rating 4 out of 5]

A good read for a dummy like me. The "for dummies" style is not the best but I learned a few new things from this book.

[Walter · Rating 3 out of 5]

Cheesily written, easy read, informative content.