Malkiel / Ellis The Elements of Investing

1. Auflage 2010
ISBN: 978-0-470-58548-1
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 176 Seiten, E-Book

A timeless, easy-to-read guide on life-long investmentprinciples that can help any investor succeed
The Elements of Investing has a single-minded goal: toteach the principles of investing in the same pared-to-bone mannerthat Professor William Strunk Jr. once taught composition tostudents at Harvard, using his classic little book, The Elementsof Style. With great daring, Ellis and Malkiel imagined theirown Little Red Schoolhouse course in investing for every investoraround the world-and then penned this book.
The Elements of Investing hacks away at all theovertrading and over thinking so predominant in the hyperactivethought patterns of the average investor. Malkiel and Ellis offerinvestors a set of simple but powerful thoughts on how to challengeMr. Market at his own game, and win by not losing. All theneed-to-know rules and investment principles can be found here.
* Contains sound investment advice and simple principles ofinvesting from two of the most respected individuals in theinvestment world
* Burton G. Malkiel is the bestselling author of A Random WalkDown Wall Street and Charles D. Ellis is the bestselling authorof Winning the Loser's Game
* Shows how to deal with an investor's own worst enemies: fearand greed
A disciplined approach to investing, complemented by conviction,is all you need to succeed. This timely guide will help you developthese skills and make the most of your time in today's market.

Autoren/Hrsg.

Malkiel, Burton G.

Ellis, Charles D.

Inhaltsverzeichnis

Foreword.
Introduction.
It All Starts with Saving.
I. Save.
First Do No Harm.
Start Saving Early: Time Is Money.
The Amazing Rule of 72.
Savvy Savings.
Small Savings Tips.
Big Ways to Save.
Let the Government Help You Save.
Own Your Home.
How Do I Catch Up?
II. Index.
Nobody Knows More Than the Market.
The Index Fund Solution.
Don't Some Beat the Market?
Index Bonds.
Index Internationally.
Index Funds Have Big Advantages.
One Warning.
Confession.
III. Diversify.
Diversify Across Asset Classes.
Diversify Across Markets.
Diversify Over Time.
Rebalance.
IV. Avoid Blunders.
Overconfidence.
Beware of Mr. Market.
The Penalty of Timing.
More Mistakes.
Minimize Costs.
V. Keep It Simple.
Review of Basic Rules.
Asset Allocation.
Asset Allocation Ranges.
Investing in Retirement.
KISS Investing
A Super Simple Summary.
Appendix: Save on Taxes Legally.
Individual Retirement Accounts (IRAs).
Roth IRAs.
Pension Plans.
Tax-Advantaged Saving for Education.
Recommended Reading.
Acknowledgments.
About the Authors.
Index.

Über Autor(innen)

Burton G. Malkiel is the Chemical Bank Chairman's Professorof Economics at Princeton University and the author of thebestselling A Random Walk Down Wall Street. Malkiel hasserved on the President's Council of Economic Advisers, as Dean ofthe Yale School of Management, as Chair of Princeton's EconomicsDepartment, and as a director of major corporations.
Charles D. Ellis is a consultant to large public andprivate institutional investors. He was for three decades managingpartner of Greenwich Associates, the international businessstrategy consulting firm. He serves as Chair of Whitehead Instituteand as a director of Vanguard and the Robert Wood JohnsonFoundation. He has taught investing at both Harvard and Yale and isthe author of 15 books, including the bestselling Winning theLoser's Game.