A long time ago, John pointed me to the ETF Investing Guide.? It was originall published at Tech Uncovered before the author founded Seeking Alpha…? but the guide was preserved and is now hosted on the new site.

The ETF Investing Guide provides a sound argument for a simple asset allocation strategy using index ETFs.? It goes into detail on why you should avoid full-service brokers, index mutual funds, and other mainstream financial services.? Ditch all that, and manage your investments using index ETFs, take advantage of tax-loss selling, and enjoy the ride.

While I would argue with a few of the author’s points (e.g., staying away from all actively managed funds), it is a good guide for those who want a low-maintenance investment plan and are happy to earn average returns.