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ETF Strategies And Tactics Part 3 of 3 Episode | The Wallet Doctor’s Survival Guide to the Stock Market!

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The Wallet Doctor’s Survival Guide to the Stock Market!

Dr. Scott Brown, Ph.D. a.k.a. “The Wallet Doctor” explores issues directly related to your financial health in this podcast. He interviews individuals and organizations he personally selects that are contributing something vital to your success potential in the stock market. Scott holds a Ph.D. in finance and is a finance professor. He has years of experience helping students over the rough spots in their financial learning. His website is www.walletdoctor.com

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ETF Strategies And Tactics Part 3 of 3


ETF Strategies And Tactics Part 3 of 3

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DATE : Thu, 29 Jan 2009 00:57:13 GMT
Entered in Database : 2009-01-29 00:57:13
length : 5735158
Link to the Show / Show Notes

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Last night I interviewed Neal Weintraub and Andrew Hyman authors of the important new book ETF Strategies and Tactics. On the call we discussed the Exchange Traded Funds (ETFs). Andrew is also a key person in X Shares Advisors. An ETF is a fund that tracks an index, but can be traded like a stock. ETFs have the power from bundling assets together on a pool then they sell shares of the pool that trades like a stock. This means the composition of the fund is set BEFORE the fund actually starts trading. This solves the problem of the actively managed mutual fund where the prospectus is vague and the fund manager can buy or sell whatever the want and suck fees out like a spider sitting in the web…and your retirement is the fly!


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