How to Be an Index Investor

by Isaacman, Max

• ISBN13: 9780071356831
• ISBN10: 0071356835
• Edition: 1st
• Format: Hardcover
• Copyright: 2000-05-25
• Publisher: McGraw-Hill

Summary

The first book to introduce all investorsshy;shy;from aggressive day traders to conservative long-term tradersshy;shy;to the high-leverage, high-profit world of index tradingIndex investments work like an index fund, trade like a stock - and have become Wall Street's hottest new investing phenomenon! Although profit potential and versatility has made day traders flock to this new vehicle, How to Be an Index Investor provides step-by-step instructions on how all investors can immediately use these all-purpose securities for both instant profits and protection against risk.From basic S&P and NASDAQ indexes to elaborate SPYDERS and WEBS, this book contains detailed explanations of the major index trading securities. Investors searching for more information on the ins and outs of index trading will find:Strategies for electronic day trading of the indexesTechniques and insights from index-trading starsTips for indexing world markets

Author Biography

Max Isaacman is a nationally known columnist and financial journalist. He writes for the award-winning newspaper San Francisco Examiner, and has also written for Delta Airlines Sky Magazine, Financial Technology News and Personal Investing News. He is also featured on the Multex, the largest on-line research source. Over a career that has spanned 30 years, Isaacman was a representative of Montgomery Securities, a partner of Cowen and Company, a Vice President of Lehman Brothers, and a member of the President's Club at Merrill Lynch. He is currently President of MDI Research, his investor relations and research firm, located in San Francisco.

Table of Contents

Part I: Overview and Strategies.

1. An Overview of Exchange Index Shares.

2. Trading Exchange Index Shares.

3. Individual and Professional Strategies for Using Exchange Shares.

4. Behavioral Finance.

5. The Electronic Index Investor and Trader.

Part II: The Different Classes of Exchange Shares.

6. The Select Sector SPDRs.

7. DIA.

8. SPY and MDY.

9. QQQ.

10. WEBS.

Appendices.