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The Power of Passive Investing: More Wealth with Less Work

The Power of Passive Investing: More Wealth with Less Work

Richard A. Ferri

ISBN: 978-0-470-93712-9

Nov 2010

288 pages

$19.99

Description

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.

Foreword.

Preface.

Acknowledgments.

PART I THE ACTIVE VERSUS PASSIVE DEBATE.

Chapter 1 Framing the Debate.

Chapter 2 Early Performance Studies.

Chapter 3 The Birth of Index Funds.

Chapter 4 Advances in Fund Analysis.

Chapter 5 Passive Choices Expand.

Chapter 6 Portfolios of Mutual Funds.

PART II CHASING ALPHA AND CHANGING BEHAVIOR.

Chapter 7 The Futility of Seeking Alpha.

Chapter 8 Active and Passive Asset Allocation.

Chapter 9 Changing Investor Behavior.

PART III THE CASE FOR PASSIVE INVESTING.

Chapter 10 The Passive Management Process.

Chapter 11 The Passive Case for Individual Investors.

Chapter 12 The Passive Case for Charities and Personal Trusts.

Chapter 13 The Passive Case for Pension Funds.

Chapter 14 The Passive Case for Advisors.

Glossary.

Notes.

About the Author.

Index.