The Power of Passive Investing: More Wealth with Less Work
by Richard A. Ferri
24 Members (4.00)
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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 show more 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"-- show lessTags
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Author Information
7 Works 448 Members
Richard A. Ferri, CFA, is president and senior portfolio manager of Portfolio Solutions, LLC, and an adjunct professor of finance at Walsh College in Michigan
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- Members
- 24
- Popularity
- 1,106,680
- Rating
- (4.00)
- Languages
- English
- Media
- Paper, Audiobook, Ebook
- ISBNs
- 4
