Overview
Time and again, individual investors discover, all too late,that actively picking stocks is a loser's game. The alternativelies with index funds. This passive form of investing allows you toparticipate in the markets relatively cheaply while prospering allthe more because the money saved on investment expenses stays inyour pocket.
In his latest book, investment expert Richard Ferri shows youhow easy and accessible index investing is. Along the way, hehighlights how successful you can be by using this passive approachto allocate funds to stocks, bonds, and other prudent assetclasses.
- Addresses the advantages of index funds over portfolios thatare actively managed
- Offers insights on index-based funds that provide exposure todesignated broad markets and don't make bets on individualsecurities
- Ferri is also author of the Wiley title: The ETF Bookand co-author of The Bogleheads' Guide to RetirementPlanning
If you're looking for a productive investment approach thatwon't take all of your time to implement, then The Power ofPassive Investing is the book you need to read.
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