All About the Hot New Investment Tools That Let You Profit from Rising Markets, Limit Downside Risk, and Trade Leading Index Averages as Easily as Stocks.
Top Level Praise for How to Be an Index Investor...
"How to be an Index Investor is very timely for investors and traders pondering the best way to participate in the market; the subject, indexing, is a method whose time has come. This book covers it all, including strategies, in a clear, easy-to-understand way."
Lawrence G. Larkin, Senior Vice President, American Stock Exchange.
"World Equity Benchmark Shares (WEBS) were created and function to make it easy for investors and traders to access the major global stock markets. Like the other exchange-traded funds, they are efficient and relatively low cost. This book covers, in detail and in a lively way, these securities. It is a source of valuable information."
Paul Mazzilli, Principal/Director of fund Research, Morgan Stanley Dean Witter.
"Max Isaacman has provided a wealth of information about the advantages of international index investing through World Equity Benchmark Shares (WEBS). How to Be an Index Investor should provide a helpful investing tool to professional as well as private investors."
Michael T. Porter, Managing Director, Salomon Smith Barney.
Today's mutual fund managers will try every trick in the book to beat leading benchmark indexes. Still, more often than not, the indexes consistently come out on top! Millions of investors have flocked to index mutual funds, whose prices change only at the end of the trading daybut these simply aren't the answer for today's fast-moving, point-and-click investor.
The answer is listed index securitiesand How to Be an Index Investor is the first book to tell you everything you need to know about these little-known, high-leverage tools of the pros. From straight-on domestic index trackers like QQQ (100 largest nonfinancial Nasdaq companies) and DIA (Dow Jones Industrial Average stocks) to SPDRs (which allow you to invest by company size, or in sectors like financial or technology) and WEBs (which focus on individual countries), How to Be an Index Investor will show you:
- Money-saving index security strategies for hedge funds, institutional money managers, and financial planners
- Techniques on shorting the indexesfor short-term portfolio insurance or profit!
- Strategies to marry out of the money puts with DIA shares to increase your leverage and profit potential
- How WEBs will add global diversification to your portfoliowith analyses of the makeup and historic performance of each
- A short course on investing fundamentalstypes of orders, behavioral psychology, leading online brokers, and more
- Description of stocks in select sector SPDRs, complete with current-year earnings estimates and P/E multiples
- Index website addresses, plus names, phone numbers, and websites for leading online and broker-assisted stockbrokers
For everyone from thousand-dollar investors to multibillion-dollar institutional portfolio managers, listed index securities provide one-stop diversification, sector-focused portfolios, and easy access to overseas markets. They are, quite simply, the ideal market-based investment.
And now their time has come. How to Be an Index Investor assembles all the information you need in one state-of-the-art resource. Use it to get in on the ground floor of listed index securities andwhether you are a short-term day trader or a long-term investormaximize your leverage and versatility in today's increasingly complex, and exceedingly profitable, stock market.
