Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their way through the staggering array of investment alternatives that are available to them.
Written in a straightforward and accessible style, this reliable resource examines the fundamentals of mutual fund investing in today's turbulent market environment and offers timeless advice in building an investment portfolio. Along the way, Bogle shows you how simplicity and common sense invariably trump costly complexity, and how a low cost, broadly diversified portfolio is virtually assured of outperforming the vast majority of Wall Street professionals over the long-term.
Securing your financial future has never seemed more difficult, but you'll be a better investor for having read the Second Edition of Common Sense on Mutual Funds.
The seminal work on mutual funds investing is now a Wiley Investment Classic
Certain books have redefined the way we view the world of finance and investing--books that should be on every investor's shelf. Bogle On Mutual Funds--the definitive work on mutual fund investing by one of finance's great luminaries--is just such a work, and has been added to the catalog of Wiley's Investment Classic collection. Updated with a new introduction by expert John Bogle, this comprehensive book provides investors with the wisdom of the pioneer of mutual funds to help you identify and execute the ideal mutual fund investment choices for your portfolio.
The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this classic book, he provides guidance on what you should and shouldn't believe when it comes to mutual funds, along with the story of persistence and perseverance that led to this seminal work. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed index fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make.
This groundbreaking new book answers an essential question: why is it that a fund client selects, or an investment consultant recommends, one asset manager over another when the two are, on paper at least, very similar? Also, why is it that some asset managers maintain their mandates during difficult periods in the cycle and others don't, even though their performances are identical?
Authors Herman Brodie and Klaus Harnack investigated the drivers of these selection decisions and uncovered that so-called 'soft' factors play the primary role - even more so for consultants than for end-clients. They also discovered that these soft factors are essentially the means clients use to judge an asset manager's benevolent intentions, one of the two dimensions of the universal human evaluation more commonly known as trust. Backed by compelling data and research from multiple disciplines, The Trust Mandate breaks open the science of trust for asset managers, revealing the systematic steps clients take in their search for evidence of good intentions - the essential, but often missing, component in business relationships. It also shows how trusted managers are able to win more clients, keep them longer, merit good recommendations, allowed to take more risks, and justify higher fees. The clients of trusted managers enjoy reduced anxiety, earn higher long-run returns, and avoid costly and pointless transitions from firm to firm. So high-trust relationships are a genuine win-win situation. Yet the task of initiating and nurturing them falls squarely on the service provider. Asset managers must learn to convey their good intentions. The Trust Mandate shows why - and how - in unprecedented detail.A Foreword by John C. Bogle, founder of The Vanguard Group and one of the most respected leaders in the mutual fund industry, sets the stage for this authoritative book that explains the complexities of the phenomenal industry in simple terms.
Investors like the fact that mutual funds offer professional management, easy diversification, liquidity, convenience, a wide range of investment choices, and regulatory protection. Mutual Fund Industry Handbook touches on all of those features and focuses on the diverse functions performed in the day-to-day operations of the mutual fund industry. You'll learn about:
If you want a definitive reference on the mutual fund industry, this is the book for you.
A brilliant investor, a born raconteur and an overall smart-ass, Andy Kessler pulls back the curtain on the world of hedge funds and shows how the guys who run big money think, talk and act.
Following on the success of Wall Street Meat, his self-published book on the lives of Wall Street stock analysts, Andy Kessler recounts his years as an extraordinarily successful hedge fund manager. To run a successful hedge fund you must have an investing edge -- that special insight that allows you to reap greater returns for your clients and yourself.
A quick study, Kessler gets an education in investing from some fascinating and quirky personalities. Eventually he works out his own insight into the world economy, a powerful lens that reveals to him hidden value in seemingly negative trends. Focussing on margin surplus, Kessler comes to see that current American economy, at the apex of the information revolution, is not so different from the British economy at the height of the industrial revolution. Drawing out the parallels he develops a powerful investing tool which he shares with readers. Contrarian and confident, Kessler made a fortune applying his ideas to his hedge fund. Which only proves that they may not be as crazy as they sound.
Develop ETF expertise with this straightforward guide
Investing in ETFs For Dummies has all the basics you need to make calculated and profitable choices when investing in exchange-traded funds. ETFs make it possible for investors to quickly and easily gain exposure to wide swaths of the market. There are funds that are linked to popular market indices like the S&P 500, there are quirky thematic funds that allow you to invest in stuff like video game technology or breakfast commodities, and there's everything in between. This updated guide helps you sift through it all, covering the pros and cons of ETF investing and walking you through new and time-tested ETF strategies. Add some ETFs to your portfolio and profit in any market environment, thanks to this simple Dummies guide.
Investing in ETFs For Dummies is a great starting point for anyone looking to enhance their investment portfolio by participating in the nearly $2 trillion ETF market.
Investment vehicles like a Roth IRA and any employer-sponsored Roth option you may be offered should be part of your investment plan for financial independence. If you don't have an investment plan for financial independence, A Beginners Guide to Roth IRAs and 401(k)-Type Plans will help you come up with one that minimizes your risk and maximizes your profits.
Do you have a Roth option in your 401(k), 403(b), 457, 401(a), TSP, or other defined contribution plan at work? If yes, fantastic! Not all employers offer a Roth option. (Some offer no option at all.) Take advantage, but you'll still want to open and fund a Roth IRA for several reasons. Take advantage of all the tax breaks afforded you.
Why? Everything else being equal, you'll earn a higher rate of return in tax-advantaged accounts than you would in regular taxable ones. As you invest over the years, returns are amplified by those advantages.
These investment vehicles are the low-hanging fruit as far as your financial independence goes. You've got to max them out the best you can. Add low investment fees and a great stock and securities investing plan and you've created one of the most effective investing tools on the planet!
Jumpstart Your ProsperityAre you a novice investor who's just getting started? Maybe you want to help your kids save, invest, and become more financially literate. A Beginners Guide to Roth IRAs and 401(k)-Type Plans provides the information and insight needed to reach those financial goals.
Roth investments enjoy tax-free earnings. The longer your time horizon for investment, the more you'll benefit from tax-free earnings. As the years go by, you'll add traditional (pre-tax) and regular taxable account investments to the mix too. Learn how to integrate these multiple accounts into a single investment plan for financial independence, as well as optimally position them tax-wise.
Over the Income Limits for Contributing to a Roth IRA?Think you can't contribute to a Roth IRA because you're over the income limits? Think again. In fact, you may be able to fund your Roth IRA on a yearly basis well above the contribution limits. Learn how to execute these perfectly legal conversions from a traditional IRA (backdoor Roth) and a 401(k)-type plan (mega-backdoor Roth).
These Roth conversions may sound a little sneaky and underhanded, but they're totally legit, at least for now. In the past, Congress has tried unsuccessfully to outlaw these maneuvers, so take advantage while you still can!
A Beginners Guide to Roth IRAs and 401(k)-Type Plans Answers All of Your Roth QuestionsAs a financial educator at corporations and universities, I get asked all kinds of Roth-oriented questions. I take pride in explaining even the most complex issues in easy-to-understand language. Here's a sampling:
In your quest for financial independence, start maximizing your earnings by adding Roth accounts to your investing lineup. Take control of your investing future. The best time to start is right now!
Uncover the secret to building a passive income stream and find your path to financial freedom and early retirement through the stock market with the definitive guide to dividend growth investing
Do you want to get started with investing and better understand how to make money investing in stocks, but have no idea where to begin? Have you ever tried other investment strategies that not only failed to make you money, but burned a hole in your pocket?
Do you want to discover an investment strategy that offers reliable income over a long period of time?
In this guide, Joey Thompson shows you how to analyze companies and hands you to powerful stock-picking strategies to achieve predictable returns on your investment over time and grow your wealth, as well as avoiding deadly investing mistakes that most investors make.
Here's a small sample of what you're going to learn in Dividend Growth Investing
Whether you're a complete beginner to the stock market and have no idea how it works, or you're a seasoned investor looking for proven ways to consistently make profits off dividend growth investing, the insights and practical advice contained in this guide will help you build wealth and improve investment returns.
Scroll to the top of the page and click the Buy Now button to get started todayDiscover The Secrets to Buying Low and Selling High Today!
Traditionally, the only way an average person could invest in the stock market was through a brokerage firm. This meant that the average investor had to go to their local bank or investment firm to open up a brokerage account. From there, a stockbroker or professional money manager would handle their investment capital.
Day trading is a short-term investment approach. This approach is based mainly on stocks. As such, day traders trade stocks of publicly-traded companies in the United States. In fact, the most successful day traders are the folks that are able to understand the fundamentals of the markets and how to manage the trading platform. Beyond that, all you really need is common sense. Unfortunately, this isn't something that is taught in graduate programs. Most professionals with advanced degrees get caught up in complex models that don't always reflect the fundamentals of the markets.
In This Book You Will Learn:
✓ The Fundamentals of Day Trading
✓ Characteristics of a Day Trader
✓ Day Trading as a Full-Time Career
✓ The Difference Between Day, Swing, and Position Trading
✓ Benefits of Day Trading
✓ Drawbacks of Day Trading
✓ Essentials of Trading
✓ Opening a New Brokerage Account
✓ Placing Your First Trades
✓ Best Time to Trade
✓ Risk Management
✓ Golden Rules of Money Management
✓ Basic Technical Analysis Tools for Day Traders
✓ Using the moving average to enter and exit a trade
✓ Choosing the Best Stocks for Your Portfolio
✓ Company Financials
✓ Earnings Per Share
✓ What are Penny Stocks?
✓ Picking the Right Trading Strategies
✓ Getting Started with Your First Trade
✓ Understanding the Fundamentals of Position Trading
✓ Difference Between Position Trading and Swing/Day Trading
✓ Reasons for Investing Long-Term
✓ Stocks to Hold for Long-Term
✓ Fundamentals of Position Trading
✓ Use of Technical Analysis and Fundamental Analysis in Position Trading
✓ Long-Term Investment Instruments
✓ Building Wealth Through Position Trading
✓ Protection Against Shifts in the Market
AND SO MUCH MORE!
Let's Get You To Your Goals ASAP!
Pick up your copy of the book right now by clicking the BUY NOW button at the top of this page!
An indispensable collection of essays from one of the investment world's leading lights
In Figuring It Out: Answers to the Most Difficult Investment Questions, world-renowned investing and finance guru Charles D. Ellis delivers a robust collection of incisive essays on an array of perennial and contemporary investing issues, from the rise and fall of performance investing to a compilation of essential investing guidelines.
In the book, you'll also find eye-opening discussions of:
A can't-miss resource for the everyday retail investor, author Charles Ellis draws on a lifetime of distinguished client service in the financial markets to reward readers with common-sense and accessible advice that deserves to be followed by anyone with an interest in maximizing their investment returns over the long haul.
James Cordier, a renowned figure in the commodity trading world, offers a captivating and honest account of his remarkable journey in Reflections of an Option Seller. From his humble beginnings in a small Wisconsin town to his rise as a prominent portfolio manager, Cordier's story is one of resilience, determination, and the relentless pursuit of mastering the art of commodity trading.
In this memoir, Cordier takes readers behind the scenes of his life and career, sharing invaluable insights and hard-won wisdom gained from nearly four decades of experience. He delves into the challenges and triumphs of building OptionSellers.com, one of the most innovative and respected firms in the industry, and candidly reveals the untold story of its downfall in 2018.
Through his engaging storytelling and unique perspective, Cordier illuminates the complexities of commodity futures and options markets, providing a rare glimpse into the mind of a true market maverick. With a focus on adaptability and perseverance, he shares the valuable lessons learned from his experiences and how he is applying them to tackle the ever-changing landscape of today's markets.
Reflections of an Option Seller is a must-read for anyone seeking an inside look at the world of commodity trading, as well as those searching for inspiration to overcome obstacles and achieve success in their own endeavors.
Odds are that the investment advice you've gotten up until now has been wrong.
Professional investment advisors, financial institutions, and financial authors are all operating on broadly accepted investment theories popularized in the 1960s. Investment professionals give the advice they do because using these theories is safe for them, just like a doctor handing out an FDA-approved prescription instead of treating your ailment. They know better advice is out there, but no one will question an expert when they offer you an industry-approved plan.
Long-time financial advisor, Christopher D. Munchhof, developed The Honest Advisor: Investing as the ultimate guide to bring you the investment advice that industry experts don't. This book provides easy-to-follow lessons that are entertaining and informative.
After reading The Honest Advisor: Investing, you'll:
The Honest Advisor: Investing starts with basic concepts and steadily builds to cover deeper investment strategies, making this book valuable for investors of every experience level.