Investing with Exchange-Traded Funds Made Easy: A Start-to-Finish Plan to Reduce Costs and Achieve Higher Returns - ISBN:0132360098

Investing with Exchange-Traded Funds Made Easy: A Start-to-Finish Plan to Reduce Costs and Achieve Higher Returns

Date: 21 April 2011, 11:00

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After having read a few books by other notable authors such as Bernstein, Ferri, Bogel, Gibson and Edleson that describe the virtues of low cost-investing and targeted asset allocation, I found that Appel's book added new information on the practical use of Exchange Traded Funds. Specifically, their use will permit you to cut internal investment costs significantly relative to mutual funds and even relative to index funds. His writing is technical, but can easily be understood. He does stray into some areas that suggest the use of certain market metrics to determine what investment types will be better and when (market timing and asset class selection). You will need to determine for yourself if his suggested tactics will work for you. Nonetheless, I found his concepts new and interesting and consider myself more informed having read them. In summary, a good addition to your reading materials on the subject.

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