The Power of Passive Investing: More Wealth with Less Work (Google eBook)

Front Cover
John Wiley & Sons, Nov 4, 2010 - Business & Economics - 288 pages
6 Reviews
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.

  

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Review: The Power of Passive Investing: More Wealth with Less Work

User Review  - Ivan Taylor - Goodreads

I have read a number of book on passive investing. This book struck a cord because it is written by a former investment adviser who came around to the realization that his advice was not worth paying ... Read full review

Review: The Power of Passive Investing: More Wealth with Less Work

User Review  - Mark Hiew - Goodreads

Great exploration of passive versus active investment that makes a strong, concerted case for passive investing. I have minimal experience with the subject matter and found the book accessible and well-structured. Read full review

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Contents

Early Performance Studies
15
The Birth of Index Funds
33
Passive Choices Expand
61
Portfolios of Mutual Funds
79
CHASING ALPHA AND CHANGING BEHAVIOR
93
Active and Passive Asset Allocation
117
Changing Investor Behavior
133
THE CASE FOR PASSIVE INVESTING
155
The Passive Case for Individual Investors
175
The Passive Case for Charities and Personal Trusts
193
The Passive Case for Pension Funds
211
The Passive Case for Advisors
221
Glossary
233
Notes
245
About the Author
253
Index
255

The Passive Management Process
157

Common terms and phrases

About the author (2010)

RICHARD A. FERRI is the founder of the investment firm Portfolio Solutions® and a Forbes writer. Portfolio Solutions manages nearly $1 billion in separate accounts for high-net-worth individuals, families, non-profit organizations, and corporate pension plans. Ferri has written or cowritten six investment books, including the Wiley titles The ETF Book and The Bogleheads' Guide to Retirement Planning. He earned a bachelor of science in business administration from the University of Rhode Island and a master of science in finance from Walsh College. Ferri is also a CFA Charterholder as designated by the CFA Institute, a global association of investment professionals. For more information, visit www.RickFerri.com and www.PortfolioSolutions.com.

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