| Dear 10th Man Reader, A huge thank you to the 800+ readers who sent in questions about ETFs. Thanks to all of your great questions, we’re now officially live with the “beta” version of the ETF Master Class. More about that in a moment. But first, let me say this: In case you haven’t noticed, there is a huge and ongoing debate about active vs. passive investing. Hedge fund performance is down, and disillusioned investors are pouring record amounts of assets into passively managed index funds and ETFs. And I get why. What’s not to like about low fees, low taxes, low hassle, and potentially better returns? But here’s the ugly truth about ETFs that runs counter to their “easy-button investing” reputation. Not all ETFs are low-risk, low-fee, low-tax, “safe” investments. In fact, some of them could easily hurt unwitting investors who pump their money into them. I know, ETFs are the hot product right now. Hundreds of them are being launched every year. But you need to stop blindly believing the hype around ETFs and understand what you’re buying. Which is why I decided to create the ETF Master Class in the first place. The goal of this class is to condense my 15+ years of experience as a trader—and my four years as head of the ETF desk at Lehman Brothers—into one complete course. I’m planning to create more content for this course based on your feedback and questions, which is why I consider this the “beta” version. As a special bonus for becoming part of my “beta team”... not only will you get access to the course at 50% off the normal price... but you’ll get the exclusive opportunity to join a live Q&A call with yours truly, where I’ll be answering some of the questions I received from readers just like you. To get instant access to the ETF Master Class and access to the live Q&A call... click here now. Whether you’re new to investing or a seasoned industry professional... I guarantee you’re going to learn something that will make you a better investor. Special bonus for financial advisors and industry professionals: You’ll also be able to get CFA, CIMA, and CFP (approval pending) continuing education credits for taking the course. Click here now for all the details on my ETF Master Class.
Jared Dillian
Editor, The 10th Man
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