The Power of Passive Investing: More Wealth with Less Work
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.
What people are saying - Write a review
Review: The Power of Passive Investing: More Wealth with Less WorkUser 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 WorkUser 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
Early Performance Studies
The Birth of Index Funds
Passive Choices Expand
Portfolios of Mutual Funds
CHASING ALPHA AND CHANGING BEHAVIOR
Active and Passive Asset Allocation
Changing Investor Behavior
THE CASE FOR PASSIVE INVESTING
The Passive Management Process