How a second grader beats Wall Street : golden rules any investor can learn
Allan S. Roth.
Hoboken, N.J. : John Wiley, c2009.
This eye-opening work takes investors through Kevin Roth's story--a second grader who designed a portfolio that beat the SP 500 index by four percent--while driving home key strategies and tools to implement in their own portfolios.
The complete guide to investing in index funds : how to earn high rates of return safely
by Craig W. Baird.
Ocala, Fla. : Atlantic Pub. Group, c2009.
Index funds are rapidly growing in popularity. In this comprehensive book, learn the different indexing methods, including traditional indexing, synthetic indexing, and enhanced indexing. We will provide you with a list of funds, specific strategies, and step-by-step guidance on active indexing. Whether you are a first time investor or a stock market pro, you will discover valuable information about how index funds work, what factors to consider before investing, and how to avoid common pitfalls. By reading this book you will ultimately learn how to maximize your return while minimizing your risk.
Exchange-traded funds for dummies
Indianapolis, IN : Wiley, c2007.
This addition to the popular For Dummies series helps investment novices diversify financial portfolios through exchange-traded funds. Wild, a successful financial planner and investment advisor, explains in very simple terms how to build your wealth through ETFs, emphasizing the lower tax burden and maintenance costs of these investments. Long-term investment performance is the goal of this book, which offers step-by-step guidance on how to invest in the right stocks, bonds, REITs and commodities. Annotation #169;2008 Book News, Inc., Portland, OR (booknews.com)
All about index funds : the easy way to get started
Richard A. Ferri.
New York : McGraw-Hill, c2007.
All The Tools and Techniques You Need to Invest Successfully in High-Yield, Low-Risk Index Funds
The updated Second Edition of Richard Ferri's bestselling "All About Index Funds" offers individual investors an easy-to-use guide for capitalizing on one of today's hottest investing areas_index funds. This wealth-building resource provides essential information on index funds; expert advice on how to start investing; and winning strategies for high returns with low risk.
The Second Edition of "All About Index Funds" features: Updated tables, charts, and data on performance, fees, and new funds Step-by-step guidance on active indexing and discussion of its expanding role Coverage of all new U.S. equity indexes that have changed the dynamics of the index fund marketplace and a new chapter on commodities and commodity index funds Vanguard's revision of the indexes it uses for benchmarking Discussion of the increasing popularity of ETFs for effective asset allocation
The little book of common sense investing : the only way to guarantee your fair share of market returns
John C. Bogle.
Hoboken, N.J. : John Wiley & Sons, 2007.
John C. Bogle’ s The Little Book of Index Investing is a power-packed explanation of why outperforming the market is an investor illusion. Instead, the man who has been called "the conscience of the investment industry" recommends a simple, time-tested investment strategy— indexing— that can deliver the greatest return to the greatest number of investors. Why? Beating the market is a zero sum game where transaction costs, taxes, poor investment diversification, and poor market-timing (an affliction for most investors) hurts your portfolio more than it helps. Indexing eliminates that hurt. Bottom-line, if you can’ t beat an index, why not invest in one. And you’ ll be all the happier and richer for it.
Investing with exchange-traded funds made easy : higher returns with lower costs--do it yourself strategies without paying fund managers
Upper Saddle River, NJ : Financial Times Prentice Hall, c2007.
The CEO of Appel Asset Management asserts that passively managed exchange-traded funds (EFTs) have outperformed comparable actively managed mutual funds in most areas, and explains his intuitive approach to comparing the risks of different investments. He discusses two ratios for measuring risk-adjusted performance, recommends a specific portfolio allocation, and describes methods for capitalizing on shifting group trends. Annotation #169;2007 Book News, Inc., Portland, OR (booknews.com)
If you are an investor watching the stock market go down and up and then down again, you may be wondering if you have the best stocks. A varied investment portfolio is recommended by many professionals. Including some stocks in a broad portfolio is good strategy for many investors.
But which stock to pick? This is THE question for investors. One way to gain from stock appreciation without having to research specific stocks is to invest in an index fund. A mutual fund that is tied to an aspect of the stock market, an index fund will do as well as the target market, yielding the same profits and losses. Index funds focus on selected stock and hold those stocks constant regardless of the market’s movement.
Stocks are included in the index in these ways:
- Weighted by market value
- Weighted by price
- Equal inclusion—each stock is represented in equal amounts
An advantage of index funds is that there is no market timing decisions to make. The investor does not need to watch the market to decide when to drop a stock or when to pick up more. Often the fund is “managed” by a computer model and due to low overhead, fees can be minimal.
The obvious downside of index funds is that they cannot outperform the target market as a whole. But for people who want investments in the stock market with minimal management, index funds are worth consideration.
Article by: St. Louis Public Library staff