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Winning with the Market

Autor Douglas R. Sease
en Limba Engleză Paperback – 19 aug 2002
In this fantastic new book investors get solid, unbiased advice on how to build a custom investment plan they can adjust with their changing circumstances without paying a broker. Writing in the lively, accessible style of The Wall Street Journal, Douglas Sease contends that financial service providers make investing appear difficult to justify their fees. The truth is that any individual can use a combination of low-cost, easy to purchase investment vehicles like stock index mutual funds, to build a portfolio that will provide maximum returns for any given level of risk tolerance. Eschewing methods that promise to beat the market, Sease argues that by simply matching it, investors can create an individualised and successful investment strategy that they will control.
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Specificații

ISBN-13: 9780743204200
ISBN-10: 0743204204
Pagini: 224
Dimensiuni: 140 x 216 x 15 mm
Greutate: 0.24 kg
Ediția:Reprint
Editura: Free Press
Colecția Free Press

Notă biografică

Doug Sease has worked for The Wall Street Journal for more than twenty-five years and appears regularly on CNBC. He is the author of several books on investing and the markets, and the editor of The Wall Street Journal Guide to Who's Who and Whats What on Wall Street. He lives in Vero Beach, Florida.

Cuprins


Contents

How This Book Will Make You a Better Investor

Part one: Lessons for Long-Term Investors

Chapter 1: Supercharging Your Portfolio with Savings

Tactical Saving

Strategic Savings: Opportunity Costs and Mental Money

Understanding Debt: The Good and the Bad

Making Your Savings Work for You

The Process of Saving

Tory's Portfolios: Stoking Investment Performance with Savings

Chapter 2: Stocks: The Foundation of a Strong Portfolio

Reality Check!

How to Think About Stocks and the Stock Market

The Odds Against You: The Efficient Market Hypothesis

Finding Value in Stocks

Growth Stocks: How High, How Fast?

Narrowing the Field: Market Capitalization

The Myth of IPOs

Foreign Stocks

The Paradox

Chapter 3: Bonds: The Safety Net

How to Think About Bonds

Bond Yields and Bond Prices

Bond Pricing: What You Don't Know Can Hurt You

Calculating Bond Returns

The Bond Menagerie

Building a Bond Ladder

A Word on Treasury Direct

Chapter 4: Money Managers and Mutual Funds

Brokers

Money Managers

Financial Planners

Mutual Funds

Closed-End and Open-End Funds

Money Market Funds

Bond Funds

Stock Funds: Past Performance Is No Indicator of Future Performance

The Simple Solution: Index Funds

Index Fund Alternatives: Exchange-Traded Funds

Part two: Portfolios for Long-Term Investors

chapter 5: Understanding Risk and Return

Working Assumptions

Profit and Pain: Worst-Case Scenarios

Rebalancing

Chapter 6: Getting an Early Start: Portfolios for Long Time Horizons (and Little Money)

The Simple Portfolio

The Flexible Portfolio

Pooled Resources

Dedicated DINKs (Dual-Income, No Kids)

Chapter 7: Getting Serious: Portfolios for Your Thirties

Singles and DINKs in Their Thirties

Escaping the Rat Race

Couples with Kids: The Tuition Target

Chapter 8: Time Is of the Essence: Portfolios for Your Forties

DINKs at Middle Age

You've Got Those Tuition Bill Blues

Chapter 9: Making the Most of Limited Time: Portfolios for Your Fifties

Unlocking Home Equity Values

Chapter 10: Unleashing Your Assets: Portfolios for Retirement

More Strategies for Unlocking Home Equity

Portfolio Summary: Ages 25 Through 65

Epilogue: The Value of Time and Money

An Investor's Tool Kit

The World's Best Index Funds

Setting Up a Treasury Direct Account

rdHow Much Can You Save? The Power of Compounding

How Much Can You Spend? Withdrawing Money in Retirement

Index

Descriere

Say good-bye to expensive brokers! A veteran Wall Street Journal editor provides the tools necessary to build a powerful, lifetime investment programme that changes according to your life circumstances.