The power of passive investing
Subtitle: more wealth with less work
By: Richard A. Ferri; foreword by John C. Bogle
Publisher: Wiley
Published: 2010
Place of publication: Hoboken, NJ
Language: eng
Number of pages: 264
ISBN-13: 9780470592205
Subjects: Investments; Index mutual funds
Description: "Time and time again, individual investors discover - all too late - that picking stocks is a loser's game. The alternative lies with index funds. Index funds allows investors to invest more cheaply while prospering all the more because the money saved on investment expenses stays in one's own pocket. Because index funds are diversified, investors who use them suffer less than investors who concentrate their portfolios in single asset classes, or in only a few stocks. It's Wall Street's little mentioned secret that index funds always seemed to outperform most active investment managers over the long run-by a wide margin. Ferri shows investors how easy and fun index investing is, and how successful one can be as an investor, by using simply using cost-effective index funds to allocate to stocks, bonds, and other prudent asset classes"--
Notes: Includes bibliographical references (p. 245-252) and index.
Table of contents: title: Foreword.; title: Preface.; title: Acknowledgments.; title: Part I: The Active Verses Passive Debate.; title: Chapter 1: Framing the Debate.; title: Chapter 2: Early Performance Studies.; title: Chapter 3: The Birth of Index Funds.; title: Chapter 4: Advances in Fund Analysis.; title: Chapter 5: Passive Choices Expand.; title: Chapter 6: Portfolios of Mutual Funds.; title: Part II: Portfolio Decisions and Investor Behavior.; title: Chapter 7: The Futility of Seeking Alpha.; title: Chapter 8: Active and Passive Asset Allocation.; title: Chapter 9: Changing Investor Behavior.; title: Part III: The Case for Passive Investing.; title: Chapter 10: The Passive Management Process.; title: Chapter 11: The Passive Case for Individual Investors.; title: Chapter 12: The Passive Case for Charities and Personal Trusts.; title: Chapter 13: The Passive Case for Pension Funds.; title: Chapter 14: The Passive Case for Advisors.; title: Glossary.; title: Notes.; title: About the Author.; title: Index.