Disclaimer: I'm a subscriber to Mr. Fry's investment website.Outside of my 401k I stick to dollar cost averaging into low cost index funds. It's proven and good for the 'lazy' investor. But in the tax sheltered setting of my 401k I use some knowledge and a bit of common sense to invest wisely and avoid needless fund fees that sap returns. Dave's methodology has opened a new and exciting door to investing.
Dave has good practical advice on how to 'hedge' in the traditional sense using currency, commodities, and other unique ETF solutions. This has proven particularly useful in the current economic environment. His broad experience in the world of personal investing comes through clearly in a well written and witty text.
That said, I think the book is geared as an explanation of the new world of ETFs and a companion to the subscriber website and not an investment 'cookbook' solution in and of itself. (I take my direction through 'consensus' of several sources and Dave is more often on the mark than not.) Yet, if you've marveled at the choices in ETFs recently, and are looking for some guidance on how to utilize them, then this is a worthy read.You will come away with new and viable ideas on how to invest.
Even if you're not a fan of technical analysis, Dave's daily blog (links above) offers some insight into current market conditions with easy to understand charts and comments. Also you'll find Dave's comments on ETFs and financial markets in articles on many of the top financial websites.
Regards,
Click Here to see more reviews about: Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management (Wiley Finance) (Hardcover)
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