Break into the exciting Canadian market for exchange-traded funds
Exchange-traded funds (ETFs) are an increasingly popular part of the investing landscape, being less volatile than individual stocks, cheaper than most mutual funds, and subject to minimal taxation. ETFs For Canadians For Dummies will guide you through the process of investing in ETFs in Canada, a smaller and sometimes riskier market. You’ll get the most up-to-date information on the ETF investing landscape, and we’ll help you figure out how to navigate the fast-changing marketplace. This book makes it all easy to understand, and offers updated info on the available ETFs, investment and tax laws, and market projections.
* Invest your money wisely in the Canadian ETF market
* Maximize your profits when you trade on the stock market
* Discover how investing in Canada is different from investing elsewhere
* Learn how to invest online with the latest apps and other tools
This is the book for Canadian investors who want to diversify their investment portfolio and break into exchange traded funds. With the help of Dummies, anyone can learn to invest in ETFs.
Jadual kandungan
Introduction 1
Part 1: The ABCs of ETFs 7
Chapter 1: No Longer the New Kid on the Block 9
Chapter 2: What the Heck Is an ETF, Anyway? 21
Chapter 3: Getting to Know the Players 43
Part 2: Building the Stock (Equity) Side of Your Portfolio 67
Chapter 4: Costs, Diversification, Risk, and Some Other Things You Need to Know 69
Chapter 5: Large Growth: Muscular Money Makers 89
Chapter 6: Large Value: Counterintuitive Cash Cows 101
Chapter 7: Small Growth: Sweet-Sounding Start-Ups 109
Chapter 8: Small Value: Diminutive Dazzlers 115
Chapter 9: Beyond Canada: ETFs without Borders 121
Chapter 10: Sector Investing: ETFs According to Industry 141
Chapter 11: Real Estate Investment Trusts: Becoming a Virtual Landlord 163
Chapter 12: Dividend Funds: The Search for Steady Money 175
Part 3: Adding Bonds (Fixed Income) to Your Portfolio 183
Chapter 13: For Your Interest: The World of Bond ETFs 185
Chapter 14: Your Basic Bonds: Government Bonds and Corporates 197
Chapter 15: Moving Beyond Basics into International and Target-Date Bond ETFs 209
Part 4: Specialized ETFs 217
Chapter 16: All That Glitters: Gold, Silver, and Other Commodities 219
Chapter 17: Investing for a Better World 235
Chapter 18: Going Active with ETFs 247
Chapter 19: All-In-One ETFs: For the Ultimate Lazy Portfolio 255
Chapter 20: Proceed-with-Caution ETFs 263
Part 5: Putting It All Together 277
Chapter 21: Sample ETF Portfolio Menus 279
Chapter 22: Exercising Patience: The Key to Any Investment Success 299
Chapter 23: Exceptions to the Rule (Ain’t There Always) 313
Chapter 24: Using ETFs to Fund Your Golden Years 331
Chapter 25: Marrying ETFs and Non-ETFs to Make an Optimal Portfolio 345
Part 6: The Part of Tens 353
Chapter 26: Ten FAQs about ETFs 355
Chapter 27: Ten Mistakes Most Investors (Even Smart Ones) Make 361
Chapter 28: Ten Forecasts about the Future of ETFs and Personal Investing 367
Part 7: Appendixes 375
Appendix A: Great Web Resources to Help You Invest in ETFs 377
Appendix B: Glossary 387
Index 395
Mengenai Pengarang
Bryan Borzykowski is business journalist who specializes in investing and personal finance. He’s the founder of ALLCAPS Content, has contributed to the New York Times and the Globe and Mail (among others), and appears regularly on CTV and Sirius XM. Bryan is the author of the previous edition of Exhange-Traded Funds For Canadians For Dummies.
Russell Wild, MBA, is the principal of Global Portfolios, an investment advisory firm based in Philadelphia, PA.