Only Guide to a Winning Investment Strategy You'LL Ever Need - Hardcover

Swedroe, Larry

Hardcover

ISBN 10: 0525944354 ISBN 13: 9780525944355

Publisher: E P Dutton & Co Inc, 1998

Synopsis

Throughout the last fifteen years of the bull market, individual investors were able to participate and amass financial holdings by way of mutual funds. But the constant buying and selling to "beat the market" and grow their fund's wealth also entailed costs and capital gains. And who paid for it The investor. Over the past 20 years smart investors began switching to index mutual funds to keep more of their *. Index funds buy and hold all of the stocks in an index, dramatically reducing trading costs and taxes. And now, with Larry Swedroe's expert advice, the small investor can take advantage of this investment strategy and win big. In The Only Guide to a Winning Investment Strategy You'll Ever Need, Larry Swedroe explains: * How index mutual funds out-earn older investment strategies * How to pick the right balanced "passive" portfolio that will reward investors with the highest expected * for the amount of risk the investor is willing to accept * How to play the winner's game with this big and rapidly growing investor trend. Based on over forty years of research by the world's leading financial economists, the advice Larry Swedroe offers in this new and valuable book shows that those willing to move beyond conventional wisdom will open themselves to a method of great financial growth. * The Only Guide to a Winning Investment Strategy You'll Ever Need is the first major book on the newest Index Mutual Funds and strategies, today's biggest investor trend.

About this title

From the Publisher

BE A WINNER AND TURN YOUR INVESTMENTS INTO WEALTH!
Here's the only book that tells you...

* The breakthrough investment strategy designed to make you money

* Why index funds are the wave of the future--the growth opportunities everyone will be talking about

* The best new mutual funds to invest in

* How to create the portfolio that will work for you--with minimal risk and maximum long-term rewards

...and much more!

How do the markets work? What is Modern Portfolio Theory? Where is the smart money investing today? Why are "passive" index funds the mutual funds of today and tomorrow?

The only book of its kind, THE ONLY GUIDE TO A WINNING INVESTMENT STRATEGY YOU'LL EVER NEED provides you with a road map to growth and investment opportunities that will help you become a successful investor who consistently makes money rather than loses it. In this groundbreaking guide, investment professional Larry E. Swedroe--a principal in the St. Louis firm of Buckingham Asset Management--describes the crucial difference between "active" and "passive" mutual funds, and tells you how you can win the investment game through long-term investments in such indexes as the S & P 500 instead of through the active buying and selling of stocks. In clear language, he shows how the newer index mutual funds out-earn, out-perform, and out-compound the older funds, and how to select a balanced "passive" portfolio for the long haul that will repay you many times over. This never-more-timely, indispensable book also provides you with valuable information about:

* The efficiency of markets today

* The five factors that determine expected returns of a balanced equity and fixed income portfolio

* Important facts about volatility, return, and risk

* Six steps to building a diversified portfolio using Modern Portfolio Theory

* The meaning of rebalancing and style drift

* Implementing the winning strategy

...and more.

Complete with supporting glossaries and appendices, THE ONLY GUIDE TO A WINNING INVESTMENT STRATEGY YOU'LL EVER NEED tells you everything you have to know to turn your portfolio into a winner and your investments into wealth.

From the Author

Highly recommended review by Library Journal
"In this informative book, Swedroe provides investors with practical advice on how to employ this widely accepted investment theory (Modern Portfolio Theory) in today's competitive marketplace. Along the way he explains why most advice from the news media and investment firms tends to have little basis in reality, why active management and market timing generally don't work, how institutional investors use passive portfolio management to their advantage, and what questions you should ask before putting your trust in a financial advisor.Highly recommended for academic, public, and special libraries." Library Journal

Edition details

• Publisher: E P Dutton & Co Inc
• Publication date: 1998
• Language: English
• ISBN 10: 0525944354
• ISBN 13: 9780525944355
• Binding: Hardcover
• Number of pages: 294