Imoney: Profitable Etf Strategies for Every Investor

Tom Lydon is the editor of ETFTrends.com and the president of Global Trends Investments. He has been involved in money management for more than 20 years. He began his career with Fidelity Investments' Institutional Division. He now regularly appears on CNBC's "ETF Tracker," a daily segment focusing on ETFs. His popular seminar, "How to Manage a Million-Dollar Portfolio," has been attended by thousands of investors around the country. Mr. Lydon holds a bachelor of science in management from Babson College in Wellesley, Massachusetts. John F. Wasik is the award-winning personal finance columnist for Bloomberg News, the world's third-largest news service. His columns are seen by readers on five continents and posted on bloomberg.com. As the author of ten books, including the highly praised Merchant of Power and The Bear-Proof Investor, he has spoken from coast to coast. He earned his bachelor and master of arts degrees from the University of Illinois-Chicago and resides in Grayslake, Illinois, with his wife and two children. Visit him online at johnwasik.com.

Smart investors have made ETFs today's hottest investment and the industry has responded by introducing some 700 new ETFs covering every conceivable investment option. Yesterday's ETF advice is simply no longer applicable: you need entirely new guidance that reflects the ETF marketplace's radically new realities. This book delivers that guidance, fully customized to your specific goals and objectives as an individual investor. The authors are singularly qualified to write this book. Tom Lydon's ETFtrends.com is the world's leading Web site on ETF investing for individuals; John Wasik writes regularly on ETFs as a leading personal finance columnist for Bloomberg News and bloomberg.com. In this book, they explain exactly how ETFs fit into today's complex universe of investments, and present specific roadmaps, strategies and model portfolios strategies for a wide range of investors, from young college graduates through retirees. You'll learn how to build and monitor an ETF portfolio; choose among the fast-growing array of ETFs; and profit from changing global market trends. Along the way, the authors cover virtually every type of ETF, including domestic and foreign stock ETFs; sector, commodity, and currency ETFs; fixed income ETFs, long/short ETFs, and even actively managed ETFs. They preview emerging ETF industry trends, and objectively address the key criticisms that have been leveled at ETFs recently, information you'll find in no other ETF book.

About the Authors xiii Preface xv Introduction: A New Investment Strategy xix Chapter 1 Busted: The Failure of Mutual Funds and Birth of ETFs 1 Chapter 2 The Art of Indexing Using the iMoney Plan 15 Chapter 3 Investing in Domestic Shares: U.S. Stock Index ETFs 35 Chapter 4 Overseas Exposure: Foreign Stock ETFs 49 Chapter 5 Slicing and Dicing: Sector ETFs 61 Chapter 6 Gold, Silver, and Oil: Commodity ETFs 73 Chapter 7 A Buck Isn't Worth a Dollar: Currency ETFs 87 Chapter 8 Getting Chunks of the Bond Market: Fixed-Income ETFs 97 Chapter 9 Retire with Dignity: The 401(e) Plan 109 Chapter 10 Hedging Your Bets: Long and Short ETFs 125 Chapter 11 What Lies Ahead: The Future of ETFs 135 Chapter 12 iMoney ETF Portfolios 145 References 165 Resources 183 Glossary 211 Index 219