The little book of common sense investing : the only way to guarantee your fair share of stock market returns /
By: Bogle, John C
Material type: BookSeries: Little book big profits.Publisher: Hoboken, NJ : Wiley, c2007.Description: xxiv, 216 p. : ill ; 19 cm.ISBN: 9780470102107 (cloth); 0470102101 (cloth)Other title: Common sense investing.Subject(s): Index mutual funds | Index mutual fundsDDC classification: 332.63/27 Online resources: Location MapItem type | Home library | Call number | Status | Date due | Barcode | Item holds |
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REGULAR | University of Wollongong in Dubai Main Collection | 332.6327 BO LI (Browse shelf) | Available | T0029698 |
A parable with a moral. The Gotrocks family -- Business reality trumps market expectations. Here begins the first lesson -- Casting your lot with business. Occam's razor writ large -- Why most investors lose to the market. "The relentless rules of humble arithmetic" -- The grand illusion. Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors -- Taxes are costs, too. Don't forget Uncle Sam -- Returns during the past 25 years were far above long-term norms. What happens if future returns are lower? -- Selecting long-term winners. Don't look for the needle? Buy the haystack -- The futility of chasing short-term performance. "Fooled by randomness" -- Seeking help in selecting funds? Look before you leap -- Selecting the lowest-cost equity funds. The more the managers take, the less the investors make -- Holding index funds that own the entire stock market. The majesty of simplicity -- Bond funds and money market funds. The relentless rules repeat, even more powerfully -- Creating indexes that beat the market. The new paradigm? -- The exchange-traded fund. A trader to the cause -- What would Benjamin Graham have thought about indexing? You heard it here -- "The relentless rules of humble arithmetic." Reprise -- What should I do now? Funny money, serious money and investment strategy.
Offers practical advice and guidance to help people make wise choices when investing their money using a simple investment strategy that can offer big returns.
Adult