Archie Richards Jr. has just come out with a book, Understanding Exchange Traded Funds. Inside this 208 page book are tips on how to use and trade ETFs for best results. There is also information comparing and contrasting ETFs and mutual funds. Most important, the author covers the key elements of ETFs including: costs, redemption, categories, taxes, use for asset allocation or retirement accounts and avoiding common ETF mistakes.

Richards has over 30 years experience as a broker and financial planner. He also writes weekly newspaper columns about money matters. This is "[t]he best book on exchange traded funds to date. Richards provides critical background needed to properly incorporate ETFs into any portfolio. ETFs aren’t your grandfather’s mutual funds and this book shows you why."

Tags: Retirement