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4.12 AVERAGE
4.12 AVERAGE
The best investing book I have ever read. I cannot recommend this book enough, for any investor no matter the level.
challenging
informative
slow-paced
Es un buen libro, sin embargo no es tan sencillo de leer, diría que en general es algo difícil, después de haber otros libros introductorios en el área, creo que este puede ser una siguiente opción. También tiene harto enfoque en USA, pero la mayoría de los conceptos pueden ser aplicados de forma independiente.
The book that got me more into finance and investing. Through this book I learned more about ETF investing, portfolio diversification, and how the so called "retail investor" can manage to exist comfortably in markets of turmoil.
I think of this as the simplified, application oriented version of A Random Walk Down Wall Street. It was decent, but a Random Wall will give you more background and a deeper inside into the suggested strategy.
I was particularly drawn to the history and psychology sections. And although the theory part was really boring for me, it was necessary with which to understand the rest of the book. I definitely think I'll refer back to this book from time to time.
Stick to the basics...Keep investing simple and you'll have a winning portfolio.
The only millionaires overnight are lottery winners.
The only millionaires overnight are lottery winners.
I suck at investments. (and I work for a bank)
I honestly don't feel like I know any more coming out of this book then I did going in. I think I am going to pick up Investing for Dummies I might learn a little more.
I honestly don't feel like I know any more coming out of this book then I did going in. I think I am going to pick up Investing for Dummies I might learn a little more.
slow-paced
- Similar to The Future For Investors that it's a good summary of fundamentals of investing
- Suggests 15% to 40% international exposure and that there's typically an inverse correlation
- Read Asset Allocation and a Random Walk Down Wall Street?
- Good information on different strategies (dollar vs. value cost averaging), rebalancing, etc.
- Suggests 15% to 40% international exposure and that there's typically an inverse correlation
- Read Asset Allocation and a Random Walk Down Wall Street?
- Good information on different strategies (dollar vs. value cost averaging), rebalancing, etc.
For anyone who follows the advice on the "Sound Investing" podcast, or Clark Howard's investment guides, the main points of this book re-affirm those beliefs (value over growth, small-cap over large-cap, keeping a well diversified portfolio, etc). The details however, can be overwhelming at first. I can see myself with this book, after having read it for the first time, wanting to research more on my own, and then re-reading it in the future to appreciate the finer details.