Book 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.
RICHARD A. FERRI is the founder of the investment
firm Portfolio Solutions® and a Forbes writer. Portfolio Solutions
manages nearly 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.