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Index Funds and ETFs have seen stratospheric growth since the financial collapse of 2008. The gospel of index fund investing has been taken to heart by a vast swathe of the media, and by specialists. For the mass consumer, apparently, this form of “passive investing” is far superior to any other – perhaps even revolutionary. But what is the truth? How exactly do index funds work? Are they really the sure bet they’re made out to be?
This book will offer a different perspective – one that takes into account the history, structure, and theory behind index funds and ETFs, and use those to lay bare the inner working of the industry. If you’re thinking about investing in index funds and ETFs, but want to know more before setting sail on those mysterious waters, this is the book for you. With clear examples and quantitative research to back up each section, Index Funds and ETFs will give you all the information you need to make a savvy decision about these most perplexing of investment vehicles.