How to be an Index Investor :
Trading Strategies for Short-and Long-term Gains
Today's mutual fund managers
will try every trick in the book to beat leading 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 day but these simply aren't the
answer for today's fast-moving, point-and-click investor.
The answer is listed index
securities and 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 in sectors like
finance 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
indexes for short-term portfolio insurance or profit
Strategies to marry puts to
exchange shares to limit downside risk
How WEBS will add global
diversification to your portfolio with analysis of the makeup and historic performance of
each
A short course on investing
fundamentals types of orders, behavioral psychology, leading on-line 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 on-line 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 and whether you
are a short-term day trader or a long-term investor maximize your leverage and versatility
in today's increasingly complex, and exceedingly profitable, stock market.
About The Author
Max Isaacman is a registered
investment advisor and a nationally known columnist and financial journalist with The San
Francisco Examiner, Personal Investing News, and other publications. Over a 30-year
career, he was a stockbroker with Montgomery Securities, a manager and partner in SG
Cowen, and an account executive at Merrill Lynch.
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