Tremendously versatile, basket securities unite the diversification feature of index funds with the trading element of stocks. This combination makes them an indispensable asset to any portfolio. Power Investing with Basket Securities: The Investor's Guide to Exchange Traded Funds teaches a highly effective investment method that relies on these new investment vehicles. Designed for ease of use, the book presents a practical plan for managing money and offers an insightful proven approach to diversification and timing strategies. The authors describe the advantages of basket securities over traditional mutual funds, such as instant diversification, tax efficiency, liquidity, and cost efficiency. They also cover the broad array of currently available basket securities and evaluate others on the horizon. In Power Investing with Basket Securities you get proven techniques based on facts not trends, tips, or herd mentality sales pitches.