The Power of Passive Investing: More Wealth with Less Work - Hardcover

Ferri, Richard A.

Hardcover

ISBN 10: 0470592206 ISBN 13: 9780470592205

Publisher: Wiley, 2011

Synopsis

A practical guide to passive investing Time and again, individual investors discover, all too late, that actively picking stocks is a loser's game. The alternative lies with index funds. This passive form of investing allows you to participate in the markets relatively cheaply while prospering all the more because the money saved on investment expenses stays in your pocket. In his latest book, investment expert Richard Ferri shows you how easy and accessible index investing is. Along the way, he highlights how successful you can be by using this passive approach to allocate funds to stocks, bonds, and other prudent asset classes. * Addresses the advantages of index funds over portfolios that are actively managed * Offers insights on index-based funds that provide exposure to designated broad markets and don't make bets on individual securities * Ferri is also author of the Wiley title: The ETF Book and co-author of The Bogleheads' Guide to Retirement Planning If you're looking for a productive investment approach that won't take all of your time to implement, then The Power of Passive Investing is the book you need to read.

About this title

From the Back Cover:

"Rick Ferri has done investors a great favor by collecting in one place the consistently overwhelming evidence that index funds keep beating active funds. The only remaining problem for 'passive' investing is the name. Why don't we all agree on a single change and call indexing success investing?"
--CHARLES D. ELLIS, bestselling author of Winning the Loser's Game and The Elements of Investing

"Indexing wins because indexing must win. The best index funds win simply because they eliminate management fees and sales loads, and minimize operating costs and portfolio turnover and its costs. But Ferri takes us from theory to reality, providing scores of examples and tabulations that prove that very point. I commend it to you."
--JOHN C. BOGLE, founder, The Vanguard Group

"Ferri writes in beautiful, simple language what I have been trying to tell all but the largest institutional investors--to build a diversified portfolio of index funds. I wish I had written the book myself."
--LAURENCE SIEGEL, Research director, Research Foundation of CFA Institute

About the Author:

RICHARD A. FERRI is the founder of the investment firm Portfolio Solutions(R) and a Forbes writer. Portfolio Solutions manages nearly $1 billion in separate accounts for high-net-worth individuals, families, non-profit organizations, and corporate pension plans. Ferri has written or cowritten six investment books, including the Wiley titles The ETF Book and The Bogleheads' Guide to Retirement Planning. He earned a bachelor of science in business administration from the University of Rhode Island and a master of science in finance from Walsh College. Ferri is also a CFA Charterholder as designated by the CFA Institute, a global association of investment professionals. For more information, visit www.RickFerri.com and www.PortfolioSolutions.com.

About this edition

• Publisher: Wiley
• Publication date: 2011
• ISBN 10: 0470592206
• ISBN 13: 9780470592205
• Binding: Hardcover
• Edition number: 1
• Number of pages: 288