A Random Walk Down Wall Street

20130109-124431.jpg
Princeton’s Burton Malkiel looks at many of the theories of investing and some ” Stupid investor Tricks ” as well.
He concludes that the cheapest, most successful, lowest-taxed route for many investors is in an index mutual fund ( the Wilshire 5000, the Russell 3000 ) for at least the core of any investing strategy. This the ninth edition (2007) is fairly easy to read and yet comprehensive.
Investing seems to get less scary the more you learn about it. This book is a pretty good start.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s