Investing with Exchange-Traded Funds Made Easy: A Start-to-Finish Plan to Reduce Costs and Achieve Higher Returns (2nd Edition)

Investing with Exchange-Traded Funds Made Easy: A Start-to-Finish Plan to Reduce Costs and Achieve Higher Returns (2nd Edition)
By Marvin Appel

List Price: $24.99
Price: $16.00

Availability: Usually ships in 1-2 business days
Ships from and sold by iCALOA_Books

20 new or used available from $3.20

Average customer review:
(14 customer reviews)

Product Description

“Possessing a rare skill set amongst professional investors and authors, Dr. Appel has successfully managed to provide readers with the perfect mix of up-to-date details on the various types and asset classes of ETFs, crucial, tried, and true concepts of risk management, and just the right mix of backing historical data to pull it all together–all in a “user-friendly” package. Upon conclusion of this book, readers will have experienced a paradigm shift in the thought process of their own current investment strategies. Taking it to the next level and actually implementing the concepts will automatically cause readers to experience a higher level of profitability and consistency; one they might never have thought possible from the utilization of concepts in just one small book.”

—Deron Wagner, Founder and Portfolio Manager, MorpheusTrading.com, author, Trading ETFs: Gaining An Edge With Technical Analysis

 

“Today, exchange-traded funds are the most innovative and rapidly growing investment vehicles. Marvin Appel’s new book provides, in a highly readable framework, a wealth of information on what they are and–more importantly–how private and professional investors can use them to build wealth through a simple and easy-to-implement investment program”

—C. Michael Carty, Principal and Chief Investment Officer, New Millennium Advisors, LLC

 

“In the ever-expanding complex world of ETFs, Marvin Appel has cut through all the fluff and created a one-stop guide to not only using them, but using them profitably. The sections on diversification and the use of relative strength in comparing asset classes are invaluable. Individual investors and financial advisors alike will get a significant return on investment by spending time with this book”

–Bob Kargenian, CMT, President/Principal, TABR Capital Management, LLC

 

ETFs offer exceptionally low expenses, outstanding performance, and unparalleled transparency. With more than 200 new ETFs added in just the last year, for typical investors, the choices are simply overwhelming. In this fully updated guidebook, renowned ETF expert Dr. Marvin Appel cuts through the ETF marketing hype, offering a start-to-finish plan for choosing the right ETFs–today, and for years to come.

 

Appel reveals what ETFs can and can’t do, explains why they’re not all equally attractive, and shows exactly how to use them to beat the market. Drawing on objective data and proven, backtested strategies, Appel shows how to quickly move into the right ETFs at the right time, consistently staying on the winning side of major market trends.

 

Appel starts by explaining how ETFs work, then illuminates every facet of ETF investing: quantifying risk and reward; increasing investment income; deciding when to move into cash; and much more. This book includes new chapters on commodity ETFs, using ETFs for investment income and all new coverage of emerging market ETFs. Appel also provides a clear assessment of tax-oriented ETF investing. From start to finish, this book candidly assesses risks, costs, and rewards–helping you become an informed ETF consumer, and an exceptionally effective ETF investor.

 

  • Discover what today’s newest ETFs can do for you
    Get the real deal on commodity ETFs, emerging market ETFs, and more
  • Use ETFs to invest like the big players
    Drive down costs, and fully leverage diversification, Wall Street’s only “free lunch”
  • Learn what your investment advisors still won’t tell you
    The objective truth about today’s ETF’s: changing costs, risks, and opportunities
  • Build and maintain your “one-decision” portfolio–the easy way!
    Profitable investing has never been this simple
  • Derive even greater profits with proven “active” strategies
    Simple allocation strategies you can implement in just minutes

 


Product Details

  • Amazon Sales Rank: #2424519 in Books
  • Published on: 2008-10-27
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.25" h x 1.01" w x 6.22" l, 1.12 pounds
  • Binding: Hardcover
  • 304 pages

Editorial Reviews

From the Back Cover
"Possessing a rare skill set amongst professional investors and authors, Dr. Appel has successfully managed to provide readers with the perfect mix of up-to-date details on the various types and asset classes of ETFs, crucial, tried, and true concepts of risk management, and just the right mix of backing historical data to pull it all together-all in a "user-friendly" package. Upon conclusion of this book, readers will have experienced a paradigm shift in the thought process of their own current investment strategies. Taking it to the next level and actually implementing the concepts will automatically cause readers to experience a higher level of profitability and consistency; one they might never have thought possible from the utilization of concepts in just one small book." -Deron Wagner, Founder and Portfolio Manager, MorpheusTrading.com, author, "Trading ETFs: Gaining An Edge With Technical Analysis" "Today, exchange-traded funds are the most innovative and rapidly growing investment vehicles. Marvin Appel's new book provides, in a highly readable framework, a wealth of information on what they are and-more importantly-how private and professional investors can use them to build wealth through a simple and easy-to-implement investment program" -C. Michael Carty, Principal and Chief Investment Officer, New Millennium Advisors, LLC "In the ever-expanding complex world of ETFs, Marvin Appel has cut through all the fluff and created a one-stop guide to not only using them, but using them profitably. The sections on diversification and the use of relative strength in comparing asset classes are invaluable. Individual investors and financial advisors alike will get a significant return on investment by spending time with this book" -Bob Kargenian, CMT, President/Principal, TABR Capital Management, LLC ETFs offer exceptionally low expenses, outstanding performance, and unparalleled transparency. With more than 200 new ETFs added in just the last year, for typical investors, the choices are simply overwhelming. In this fully updated guidebook, renowned ETF expert Dr. Marvin Appel cuts through the ETF marketing hype, offering a start-to-finish plan for choosing the right ETFs-today, and for years to come. Appel reveals what ETFs can and can't do, explains why they're not all equally attractive, and shows exactly how to use them to beat the market. Drawing on objective data and proven, backtested strategies, Appel shows how to quickly move into the right ETFs at the right time, consistently staying on the winning side of major market trends. Appel starts by explaining how ETFs work, then illuminates every facet of ETF investing: quantifying risk and reward; increasing investment income; deciding when to move into cash; and much more. This book includes new chapters on commodity ETFs, using ETFs for investment income and all new coverage of emerging market ETFs. Appel also provides a clear assessment of tax-oriented ETF investing. From start to finish, this book candidly assesses risks, costs, and rewards-helping you become an informed ETF consumer, and an exceptionally effective ETF investor.

  • Discover what today's newest ETFs can do for you
    Get the real deal on commodity ETFs, emerging market ETFs, and more
  • Use ETFs to invest like the big players
    Drive down costs, and fully leverage diversification, Wall Street's only "free lunch"
  • Learn what your investment advisors still won't tell you
    The objective truth about today's ETF's: changing costs, risks, and opportunities
  • Build and maintain your "one-decision" portfolio-the easy way!
    Profitable investing has never been this simple
  • Derive even greater profits with proven "active" strategies
    Simple allocation strategies you can implement in just minutes

About the Author

Dr. Marvin Appel, CEO of Appel Asset Management Corporation, is a leading expert on ETF selection and active asset allocation. Together with his father, Gerald Appel (a world-famous authority on investing and technical analysis), he manages $250 million in assets. Dr. Appel also edits Systems and Forecasts, a top investment newsletter. He has been featured on CNBC, CNNfn, CBS Marketwatch.com and Forbes.com, and has presented at conferences ranging from the New York State Legislature’s Consensus Economic Forecasting Conference to the American Association of Individual Investors. Dr. Appel is also coauthor of the book Beating the Market, 3 Months at a Time (FT Press, 2008).


Customer Reviews

Most helpful customer reviews

32 of 32 people found the following review helpful.
2This strategy would have lost you a fortune in 2008
By JeffNJ
Unless I'm missing something (and I doubt I am) the Ultimate ETF Strategy described in this book CLEARLY would have resulted in a miserable failure in 2008. The stock market is currently down roughly 40%, and the REITS index is down over 50% as of this writing. If you had put 25% into a REITs index ETF, 25% into a total bond index find, 25% into either a foreign or domestic stock index ETF, and the other 25% into an investment style ETF (either Large or Small, and either Growth or value) prescribed in this book, you would have lost an incredible amount of your investment in 2008. Likely the only portion that would have been relatively flat would have been the bond ETF, which is 25% of the strategy. I believe you likely also would have lost with this strategy in 2007 too.

NOTE: The Ultimate ETF Strategy has an interest rate indicator which is supposed to be a signal to get out of half the equities which would leave you 25% exposed instead of 50%. I didn't follow this signal, but I DOUBT this signal would have gotten triggered in 2008, since I believe either an inverted curve or higher yields compared to the previous 6 months was the trigger. TNX Yield has generally gone down for 2008 and the curve wasn't inverted. Even if triggered, which I doubt was the case, I believe, the investor would still be 25% invested in equities instead of 50%, and you still would be 25% invested in REITS, so 2008 would still have been a horrible year.

One key problem with this book, as alluded to by another reviewer, is that the research data goes back to the early 1980s, and the past 25 years or so have generally been a bullish period for stocks. The basic idea behind this book is that you stay 50% invested in equities most of the time (except when the interest rate trigger makes you get only 25% invested in equities, with the other 25% in cash). Based on trends, you make sure the two stock ETFS you own (or one ETF when the interest rate trigger had gotten you out of the other ETF) have been outperformers relative to other indices (until the performance trend changes). 25% goes into a total bond market index ETF and the other 25% goes into a REITS index ETF. (the latter got CRUSHED in 2008 even more than equities at the time of this writing)

The premise (whether stated or implied) is that, since this strategy had outperformed the market for, *roughly*, the past 25 years (at time the book was written), and had been a profitable strategy for that time period, then it is likely to be an outperforming and profitable strategy in the future. The problem, as I see it, is that the 25 year period beginning at the time this book was published may be very different in terms of performance compared to the prior 25 years!

I followed this strategy in 2007, except that I didn't buy a REITs ETF, because it looked to me like a REITs were in a BUBBLE (good decision on my part!), and I bought a Fidelity Short Term Bond fund instead of a Total Bond Index ETF (not-so-great decision on my part). However, I decided to abandon this strategy altogether in December of 2007 and sold ALL my equities by the 1st week of January. (one of the best financial decisions of my life!)

I had abandoned this strategy when I read about the problems in the financial sector, housing sector, and the credit markets. Thankfully, I saved myself a lot of money by NOT following this strategy!

In 2008, I made money trading in and out of the market (including shorting the market), while the world at large lost 40% or more of their money buying and holding stock indices. My opinion is that buying and holding stock indices for the long term is not going to be the ticket to high returns that it was 25 years ago, even if holding the indices that are relative outperformers (such as holding the S&P if it outperforms EFA, or holding a Small Cap growth if it has outperformed large growth, or large cap value).

Frankly, I do NOT recommend anyone follow this strategy, or any other strategy that would leave you exposed to equities throughout a major bear market (in terms of length or in terms of percentage).

Do yourselves a favor, and find a chart of the Japanese Nikkei 225. In 1990, the Nikkei was around 40,000. Now it's under 9,000 and it is almost 19 years later. Buy and hold would have lost you a fortune! Same thing could be happening in the USA for the next 10 or 20 years.

Don't be fooled into thinking that stocks can't have 20 or even 30 year year periods where the returns are lousy relative to simple money market accounts. I would not bet the farm on ANY strategy that would keep you exposed to equities and REITs all the time. The lack of a satisfactory EXIT strategy for equities or REITS is a major flaw in the Ultimate ETF Strategy described in this book.

Sorry, but I can't recommend this book, unless you are comfortable with the idea of potentially losing a lot of money. Strategies that were successful for the 25 year period before the book was published will not necessarily work well from that point forward.

4 of 4 people found the following review helpful.
2Read "The ETF Book" by Richard Ferri instead.
By schung2100
The first quarter of the book is ok, explaining the basics as every other etf book would do. But towards the middle and especially towards the end, the book becomes really ineffective and almost becomes pain to go through.

Read The ETF Book: All You Need to Know About Exchange-Traded Funds by Richard Ferri instead. It is far more comprehensive and well-explained. Also check out his other books.

Also read THE CREATURE FROM JEKYLL ISLAND - A Second Look at the Federal Reserve by Edward Griffin to better understand business cycles, monetary system, and economic consequences.

Make sure to check out [...] website for additional resources.

0 of 0 people found the following review helpful.
4Good Book
By Quentin E Waddell
Good Book. This book is easy to read and is well done.. The only issue is that ETF strategies are evolving at such a rapid pace now that it is not very current.

See all 14 customer reviews...

Connect with defaultLogic
What We've Done
Led Digital Marketing Efforts of Top 500 e-Retailers.
Worked with Top Brands at Leading Agencies.
Successfully Managed Over $50 million in Digital Ad Spend.
Developed Strategies and Processes that Enabled Brands to Grow During an Economic Downturn.
Taught Advanced Internet Marketing Strategies at the graduate level.



Manage research, learning and skills at defaultLogic. Create an account using LinkedIn or facebook to manage and organize your IT knowledge. defaultLogic works like a shopping cart for information -- helping you to save, discuss and share.


  Contact Us