MUTUAL FUNDS AND ETFs

Résumé du livre

Common Sense in a Nutshell Investing is the traditional method for learning about the market. Low-cost index funds are the secret to increasing returns on investments, according to renowned mutual fund pioneer Austin Yates. Austin outlines the simplest and most efficient investing method for accumulating wealth over the long term: purchase and keep a mutual fund that closely follows a large stock market Index, such as the S&P 500, for a relatively little fee.

Additionally, Austin has included two additional chapters-one on asset allocation and the other on retirement investing-that are intended to provide investors with more advice.

The only investment that successfully ensures you'll get your fair share of stock market gains is a portfolio that mostly consists of index funds. Warren Buffett, who has praised Bogle for his contributions to American investors, has remarked that Bogle should be the clear winner if a monument is ever constructed in his honor. Jack has pushed investors to purchase ultra-low-cost index funds for many years. However, he now enjoys the pleasure of knowing that he made it possible for millions of savers to make far higher returns than they otherwise would have. Both to them and to me, he is a hero.
What to expect in this book:

• index funds
• net asset value
• socially responsible investing funds
• and so much more