Exchange-traded funds for dummies
Become an ETF expert with this up-to-date investment guide Want to expand your portfolio beyond stocks and mutual funds? (Of course you do, you smart investor you.) Then take a look at exchange-traded funds (ETFs)! A cross between an index fund and a stock, they're transparent, easy to trade, a...
| Otros Autores: | |
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
John Wiley & Sons Inc
[2022]
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| Edición: | Third edition |
| Colección: | --For dummies.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009724213406719 |
Tabla de Contenidos:
- Intro
- Title Page
- Copyright Page
- Table of Contents
- Introduction
- Since the First Edition. . .
- Out of the shadows
- Filling the investment voids
- Creations of dubious value
- Morphing into new creatures
- About This Book
- Foolish Assumptions
- Icons Used in This Book
- Beyond the Book
- Where to Go from Here
- Part 1 The ABCs of ETFs
- Chapter 1 No Longer the New Kid on the Block
- In the Beginning
- Enter the traders
- Moving south of the border
- Fulfilling a Dream
- Goodbye, ridiculously high mutual fund fees
- Hello, building blocks for a better portfolio
- Will you miss the court papers?
- Not Quite as Popular as the Beatles, But Getting There
- Moving from Wall Street to Main Street
- Keeping up with the Vanguards
- Ready for Prime Time
- The proof of the pudding
- The major players
- Twist and shout: Commercialization is tainting a good thing
- Chapter 2 What the Heck Is an ETF, Anyway?
- The Nature of the Beast
- Choosing between the Classic and the New Indexes
- Preferring ETFs over Individual Stocks
- Distinguishing ETFs from Mutual Funds
- Why the Big Boys Prefer ETFs
- Trading in large lots
- Savoring the versatility
- Why Individual Investors Are Learning to Love ETFs
- The cost advantage: How low can you go?
- Uncle Sam's loss, your gain
- What you see is what you get
- Getting the Professional Edge
- Consider a few impressive numbers
- You can do what they do!
- Passive versus Active Investing: Your Choice
- The index advantage
- The allure of active management
- Why the race is getting harder to measure. . .and what to do about it
- Do ETFs Belong in Your Life?
- Calculating commissions
- Moving money in a flash
- Understanding tracking error
- Making a sometimes tricky choice
- Chapter 3 Getting to Know the Players
- Creating an Account for Your ETFs.
- Answering a zillion questions
- Placing an order to buy
- But wait just a moment!
- Trading ETFs like a pro
- Introducing the Shops
- What to look for
- Price is no longer key
- The Vanguard Group
- Fidelity Investments
- Charles Schwab
- E*Trade
- Other brokerage houses
- Presenting the Suppliers
- It's okay to mix and match - with caution
- Check your passport
- BlackRock Financial Management iShares
- Vanguard ETFs
- State Street Global Adviser's SPDRs
- Invesco
- Charles Schwab
- First Trust
- Other suppliers
- Familiarizing Yourself with the Indexers
- S&
- P Dow Jones Indices
- MSCI
- FTSE/Russell
- CRSP
- Bloomberg
- Meeting the Middlemen
- NYSE Arca
- NASDAQ
- BATS
- Meeting the Wannabe Middlemen
- Commissioned brokers
- Separately managed accounts
- Annuities and life insurance products
- Funds of funds
- Part 2 Building the Stock (Equity) Side of Your Portfolio
- Chapter 4 Risk Control, Diversification, and Some Other Things You Need to Know
- Risk Is Not Just a Board Game
- The trade-off of all trade-offs (safety versus return)
- So just how risky are ETFs?
- Smart Risk, Foolish Risk
- How Risk Is Measured
- Standard deviation: The king of all risk measurement tools
- Beta: Assessing price swings in relation to the market
- The Sharpe, Treynor, and Sortino ratios: Measures of what you get for your risk
- Meet Modern Portfolio Theory
- Tasting the extreme positivity of negative correlation
- Settling for limited correlation
- Reaching for the elusive Efficient Frontier
- Accusations that MPT is dead are greatly exaggerated
- Mixing and Matching Your Stock ETFs
- Filling in your style box
- Buying by industry sector
- Don't slice and dice your portfolio to death
- Chapter 5 Large Growth: Muscular Money Makers
- Style Review
- What makes large cap large?.
- How does growth differ from value?
- Putting these terms to use
- Big and Brawny
- Contrary to all appearances. . .
- Let history serve as only a rough guide
- ETF Options Galore
- Winnowing the field
- Strictly large growth, best options
- ETFs I wouldn't go out of my way to own
- Chapter 6 Large Value: Counterintuitive Cash Cows
- Six Ways to Recognize Value
- Looking for the Best Value Buys
- Taking the index route
- Making an ETF selection
- Chapter 7 Small Growth: Sweet Sounding Start-ups
- Getting Real about Small-Cap Investments
- Your Choices for Small Growth
- Strictly small-cap growth funds
- Smaller than Small: Meet the Micro Caps
- Chapter 8 Small Value: Diminutive Dazzlers
- It's Been Quite a Ride
- Latching on for fun and profit
- But keeping your balance
- What About the Mid Caps?
- Chapter 9 Going Global: ETFs without Borders
- The Ups and Downs of Different Markets around the World
- Low correlation is the name of the game
- Remember what happened to Japan
- Finding Your Best Mix of Domestic and International
- Why putting three-quarters of your portfolio in foreign stocks is too much
- Why putting one-quarter of your portfolio in foreign stocks is insufficient
- Why ETFs are a great tool for international investing
- Not All Foreign Nations - or Stocks - Are Created Equal
- Choosing the Best International ETFs for Your Portfolio
- A number of brands to choose from
- All the world's your apple: ETFs that cover the planet
- Developed-market ETFs: From the North Sea to the Land of the Rising Sun
- Emerging-market stock ETFs - Well, we hope that they're emerging
- Adding value to your international portfolio
- Small-cap international: Yes, you want it
- Chapter 10 Sector Investing: ETFs According to Industry
- Selecting Stocks by Sector, not Style
- Speculating on the Next Hot Industry.
- Sizzling and sinking
- Momentum riders and bottom feeders
- Doing Sector Investing Right
- Calculating your optimal sector mix
- Seeking risk adjustment with high- and low-volatility sectors
- Knowing where the style grid comes through
- Combining strategies to optimize your portfolio
- Seeking low correlations for added diversification
- Sector Choices by the Dozen
- Vanguard ETFs
- Select Sector SPDRs: State Street Global Advisors (Part 1)
- SPDRs: State Street Global Advisors (Part 2)
- BlackRock's iShares
- Invesco
- Fidelity
- Chapter 11 Real Estate Investment Trusts: Becoming a Virtual Landlord
- Considering Five Distinguishing Characteristics of REITs
- Limited correlation to the broad markets
- Unusually high dividends
- Different taxation of dividends
- Special status among financial pros
- Connection to tangible property
- Calculating a Proper REIT Allocation
- Judging from the past
- Splitting the baby: Domestic and international REIT funds
- Picking REIT ETFs for Your Portfolio
- U.S. domestic REIT ETFs
- International and Global REIT funds
- Chapter 12 Dividend Funds: The Search for Steady Money
- Your High-Dividend ETF Options
- Promise of Riches or Smoke and Mirrors?
- Part 3 Adding Bonds (Fixed Income) to Your Portfolio
- Chapter 13 For Your Interest: The World of Bond ETFs
- Bond Investing in the Modern Era
- Tracing the Track Record of Bonds
- Portfolio protection when you need it most
- History may or may not repeat
- Tapping into Bonds in Various Ways
- Finding strength in numbers
- Considering bond investment costs
- Determining the Optimal Fixed-Income Allocation
- 60/40? 50/50? Finding a split that makes sense
- Meet Joe, age 67, with 840,000 in the bank
- Meet Betsy and Mike, age 36, with 30,000 in the bank
- Chapter 14 Your Basic Bonds: Treasuries, Agency Bonds, and Corporates.
- Tapping the Treasuries: Uncle Sam's IOUs
- Schwab Short-Term U.S. Treasury ETF (SCHO)
- Vanguard Short-Term Treasury ETF (VGSH)
- Vanguard Intermediate-Term Treasury Index ETF (VGIT)/Schwab Intermediate-Term U.S. Treasury (SCHR)
- Schwab Long-Term U.S. Treasury ETF (SCHQ)/Vanguard Long-Term Treasury ETF (VGLT)
- Bread at 15 a Loaf? Getting Inflation Protection in a Flash
- Schwab U.S. TIPS ETF (SCHP)
- Vanguard Short-Term Inflation-Protected Securities Index Fund (VTIP)
- Treasuries' Cousins: U.S. Agency Bonds (Mortgage-Backed Securities)
- Banking on Business: Corporate-Bond ETFs
- Vanguard Intermediate-Term Corporate Bond ETF (VCIT)
- Vanguard ESG U.S. Corporate Bond ETF (VCEB)
- Vanguard Short-Term Corporate Bond Index (VCSH)
- The Whole Shebang: Investing in the entire U.S. Bond Market
- BNY Mellon Core Bond ETF (BKAG)
- Vanguard Total Bond Market (BND)
- Vanguard Short-Term Bond (BSV)
- Chapter 15 Moving Beyond Basics into Municipal and Foreign Bonds
- Municipals for Mostly Tax-free Income
- Take a tour of 50 states
- Foreign Bonds for Fixed-Income Diversification
- Vanguard Total International Bond (BNDX)
- iShares International Treasury Bond ETF (IGOV)
- SPDR FTSE International Government Inflation-Protected Bond ETF (WIP)
- Invesco International Corporate Bond ETF (PICB)
- Emerging-Market Bonds: High Risk, High Return
- Vanguard Emerging Markets Government Bond (VWOB)
- SPDR Bloomberg Barclays Emerging Markets USD Bond ETF (EMHC)
- iShares J.P. Morgan USD Emerging Markets Bond Fund (EMB)
- Part 4 Specialized ETFs
- Chapter 16 All That Glitters: Gold, Silver, and Other Commodities
- Gold, Gold, Gold!
- Midas touch or fool's gold?
- A vastly improved way to buy the precious metal
- The tax man cometh
- Silver: The Second Metal
- Quick silver on the move
- If you must . ..
- Oil and Gas: Truly Volatile Commodities.
