Mark D. Wolfinger's Create Your Own Hedge Fund: Increase Profits and Reduce PDF

By Mark D. Wolfinger

ISBN-10: 0471655074

ISBN-13: 9780471655077

Find a sensible buying and selling process that mixes innovations and ETFs.

Create your individual Hedge Fund explains how exchange-traded money can be utilized together with an recommendations technique to reach regular progress. starting with an academic on techniques and ETFs, the publication is going directly to describe either funding methods in nice aspect supplying you with a buying and selling technique that generates better returns than buy-and-hold making an investment -- and lets you lessen chance via adopting a hedging method. choked with in-depth insights and specialist suggestion, this publication is meant for you if you're a cosmopolitan person investor or a qualified investor, dealer, or different cash supervisor trying to replace your arsenal of funding instruments.

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Extra resources for Create Your Own Hedge Fund: Increase Profits and Reduce Risks with ETFs and Options (Wiley Trading)

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Do you remember those TV ads during the technology bubble of the late 1990s in which one brokerage firm tried to sell the idea that you could a) retire to your own Caribbean island or b) own your own helicopter and airplane if you would only invest with them? They may have been using tongue in cheek humor, but they were selling the idea—mainly to day traders—that the stock market was an easy path to riches. Indeed, many people quit their day jobs to become active day traders. In truth, it was a road to riches for the brokers, but not individual investors.

You suffer less stress, as you know in advance that the value of your portfolio increases or decreases in line with the market averages. As mentioned earlier, owning index funds is becoming more and more popular, and the number of investors who choose to own shares of index funds is increasing. Even the current adaptation of the prudent man rule encourages this investment choice. The managers of actively traded mutual funds are not going to disappear, and they are not going to stop trying to convince you to give them your money to manage.

But, unlike an index fund, UITs must exactly replicate the index whose performance it is attempting to mimic, and sampling is not allowed. Sampling consists of compiling a portfolio that contains most, but not all, of the stocks in an index. ) Details of the workings of UITs are presented later in this chapter. ETFs are available to track many of the popular broad-based indexes, such as the Dow Jones Industrial (DIA) and Transportation (IYT) averages, the Nasdaq 100 (QQQ), or the Wilshire 5000 (VTI).

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Create Your Own Hedge Fund: Increase Profits and Reduce Risks with ETFs and Options (Wiley Trading) by Mark D. Wolfinger


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