Thrifty Investor: Penny Wise Strategies for Investors on a Budget - Softcover

Israelsen, Craig

Softcover

ISBN 10: 0071361588 ISBN 13: 9780071361583

Publisher: McGraw-Hill Companies, 2000

Synopsis

This work identifies and explains those mutual funds and direct stock purchases available for nominal monthly cost. It offers small investors specific, prescriptive suggestions about affordable investments. Craig Israelson demonstrates the performance differentials over time between lump sum investments and investments made monthly - often referred to as dollar-cost averaging - arguing that because most publicly available information assumes a lump sum investment, reinvestment of dividends, no additional investments, and no withdrawls, that today's small investors are somewhat misled; their investment returns will seldom, if ever, match published returns. Historical data illustrates which funds are best suited for each different investment approach.

About this title

About the Author:

Craig Israelsen, Ph.D., is one of today s top authorities on investing on a budget. An associate professor of consumer and family economics at University of Missouri, Dr. Israelsen is author of Personal and Family Finance Workbook. He is a regular contributor to Financial Planning Magazine, and is regularly quoted in major publications including The New York Times and Christian Science Monitor.

About this edition

• Publisher: McGraw-Hill Companies
• Publication date: 2000
• ISBN 10: 0071361588
• ISBN 13: 9780071361583
• Binding: Paperback
• Number of pages: 276