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What Wall Street Doesn't Want You to Know: How You Can Build Real Wealth Investing in Index Funds
by Larry E. Swedroe
from St. Martin's Griffin

What Wall Street Doesn t Want You to Know: How You Can Build Real Wealth Investing in Index Funds

 

List Price: $16.95
Price: $15.25
You save: $1.70 (10%)

Media: Paperback
Availability: Usually ships in 24 hours

Buy from: Canada Germany France United Kingdom


Customer Reviews:

  • Avg. Customer Rating: 4.5 / 5.0

  • This theory actually works
    Pre-2000 meltdown, I had control of $75k in an IRA. I watched and believed I could join all those people making so much before the Internet bubble burst. After the burst, my bubble dropped all the way down to $42k. Man, am I a great investor or what? Then, I read this book. Sold all the stock that was left, allocated into a "risky" portfolio of Index Funds ( I went a little deeper with the small cap value and international funds). Less than 7 years later and after many great nights of being able to sleep,... more info

  • If you buy only one book....
    Buy this book...you will make money if you follow the advise to go with index funds...skip the brokers and money managers...they are salespeople trying to hack out a living.

  • For Those Who Love Index Funds
    Not for those who are active fund managers. The author makes quite a logical, compelling case to invest in his style. The main thrust is passive managed over active managed funds. He goes through statistics that support his position, and attacks publications who don't support. Like a lot of financial books, it gets a bit bogged in numbers at times, but overall the flow is excellent. It changed my investment approach.

  • Diversify and Index Your Investments
    Investors should recall that a 1990 Nobel Prize was awarded to three financial economists whose ideas helped legitimize what is known as 'modern portfolio theory' (MPT). MPT points to an investment strategy that author Larry E. Swedroe says is at variance with the interests and advice of the popular financial establishment (hence Swedroe's contentious title). For followers of MPT, stock and bond market prices represent, very efficiently, all that is known and expected by investors of a security. There is no... more info


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