The exchange traded fund (ETF) industry is going strong, with nearly 700 funds to choose from and another 400 in registration with the Securities and Exchange Commission (SEC).

iMoney: Profitable ETF Strategies For Every Investor focuses on the ins and outs of ETFs, how to spot trends and beat the market with them, reports Trang Ho for Investor’s Business Daily.

A recent interview with Trang Ho touches down on some of the finer points within the book. The iMoney plan lays the groundwork, as it is an investing plan aimed squarely at the individual investor, beginning from the ground up.

The basics of ETFs, how they work, what is available and how to pull it all together is the start, and then specific asset allocation strategies are given for long-term investors and trading strategies are tailored for tactical allocators who take advantage of trends in the market.

A portion is dedicated to the two-thirds of global market cap existing outside the United States, with global region and country-specific ETFs a focus for diversification. Sector ETFs, and specialty funds such as commodities and currencies are also addressed at length.

Plenty of rules are explained to help keep investors disciplined, and moving average plans are described as well.

Take a look, and happy ETF investing!

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.