ETFs for the Long Run Contributor(s): Carrel (Author) |
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ISBN: 0470138947 ISBN-13: 9780470138946 Publisher: John Wiley & Sons OUR PRICE: $26.96 Product Type: Hardcover - Other Formats Published: August 2008 Annotation: A well-known figure in the world of ETFs outlines everything investors need to know about this important investment vehicle Exchange-traded funds, or ETFs, are one of the hottest investment products around and a staple in many portfolios. In ETFs for the Long Run, Lawrence Carrel takes readers through the ins and outs of ETFs, including the history of ETFs, the tax benefits and minimal charges associated with ETFs, and an easy-to-read breakdown of the fundamental differences between ETFs and other investments. He also provides readers with the tools for trading and including ETFs in portfolios. Lawrence Carrel (New York, NY) is a senior writer for TheStreet.com where he writes the weekly "Mutual Fund Monday" and "ETF Tuesday" columns. Formerly, he created and wrote SmartMoney.com's "ETF Focus" column, a weekly look at the ETF industry from the individual investor's point of view. |
Additional Information |
BISAC Categories: - Business & Economics | Investments & Securities - Mutual Funds |
Dewey: 332.632 |
LCCN: 2008016817 |
Physical Information: 1.3" H x 6.2" W x 9.1" (1.10 lbs) 320 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Praise for ETFs For The Long Run As the title of the book suggests, ETFs are going to be an increasingly important reality for a broad class of investors in coming years. This book offers the reader real understanding of this growing force in our economic lives. ETFs for the Long Run is a fascinating read. A seasoned financial industry journalist, Lawrence Carrel does an excellent job of highlighting exchange traded funds' meteoric rise in popularity over the last few years. A terrific book for anyone looking to grasp the ABCs of ETF investing. ETFs for the Long Run provides a unique combination of a detailed history of the development of ETFs, a clear explanation of the sophisticated mechanics of ETFs, an assessment of investors' choices amongst this dynamic product area, and unbiased recommendations for appropriate portfolio allocation to these efficient investment tools. Lawrence Carrel has done investors and the industry a great service in pulling these four elements together in a highly readable and often entertaining book. Despite the incredible growth of exchange-traded funds (ETFs) and the fact they've been on the market for fifteen years, some investors are still either unaware of the effectiveness of ETFs or unsure of how to use them in their investment endeavors. That's why respected ETF expert and journalist Lawrence Carrel has written ETFs for the Long Run. Filled with in-depth insights and practical advice, this reliable resource puts ETFs in perspective and reveals how they can help you profit in both up and down markets. Page by page, Carrel takes you through the ins and outs of ETFs, including their history, the tax benefits and minimal charges associated with them, and the fundamental differences between ETFs and other types of investments. He also provides you with the resources and tools needed to trade ETFs and build your own ETF portfolio. You may have heard about ETFs while researching other investments or speaking with an investment advisor. If you want to learn more about them, this book will provide you with a clear understanding of what ETFs are, how they work, and how they can be used to create a low-cost, liquid, and diversified portfolio. |