Book description
The active versus passive debate is a contentious issue. Filled with
concrete evidence and comprehensive money management strategies, this
chapter from The Only Guide You'll Ever Need for the Right Financial
Plan delves into the case for passive investing over active investing.
You can do so by investing in passively managed investment vehicles like
index funds and passive asset class funds. You are virtually guaranteed
to outperform the majority of both professionals and individual
investors. Written for savvy investors and advisors, this chapter helps
you:
- Integrate a passive investing strategy
- Maintain your portfolio's risk portfolio in a tax-efficient manner
- Determine the difference between the theories of efficient versus
inefficient markets
- Make cost-effective investment decisions
From Larry Swedroe, the author of the bestselling series of "The
Only Guide" investment books, with Kevin Grogan and Tiya Lim,
this chapter helps you integrate diversification, low turnover, and
asset allocation into one plan that meets the needs of a unique
situation.
LARRY E. SWEDROE is Principal and Director of
Research for The Buckingham Family of Financial Services, which
includes Buckingham Asset Management and BAM Advisor Services.
Buckingham Asset Management manages more than billion in assets for
individuals, businesses, trusts, not-for-profits, and retirement
plans. BAM Advisor Services provides turnkey asset management services
for more than 120 registered investment advisor firms and manages or
administers more than billion in assets. Swedroe has held executive
level positions at Prudential Home Mortgage, Citicorp, and CBS. He
frequently speaks at financial conferences throughout the year and
writes the blog “Wise Investing” for CBS MoneyWatch. com.
KEVIN GROGAN is an Investment Advisor Associate for The
Buckingham Family of Financial Services.
TIYA LIM is an Investment Strategy Manager for The Buckingham
Family of Financial Services.
