The elements of investing
By: Burton G. Malkiel, Charles D. Ellis
Contributors: Ellis, Charles D.
Publisher: Wiley
Published: 2010
Place of publication: Hoboken, N.J
Language: eng
Format: Hardcover
Number of pages: 154
ISBN-13: 9780470528495
Notes: Includes bibliographical references and index.
Table of contents: title: Save. First do no harm -- Start saving early : time is money -- The amazing rule of 72 -- Savvy savings -- Small savings tips -- Big ways to save -- Let the government help you save -- Own your home -- How do I catch up? -- Index. Nobody knows more than the market -- The index fund solution -- Don’t some beat the market? -- Index bonds -- Index internationally -- Index funds have big advantages -- One warning -- Confession -- Diversify. Diversify across asset classes -- Diversify across markets -- Diversify over time -- Rebalance -- Avoid blunders. Overconfidence -- Beware of Mr. Market -- The penalty of timing -- More mistakes -- Minimize costs -- Keep it simple. Review of basic rules -- Asset allocation -- Asset allocation ranges -- Investing in retirement -- Getting specific -- A super simple summary : KISS investing -- Appendix : save on taxes legally. Individual retirement accounts (IRAs) -- Roth IRAs -- Pension plans -- Tax-advantaged saving for education -- Recommended reading -- Acknowledgments -- About the authors.