Bogle on Mutual Funds New Perspectives for the Intelligent Investor
July 15, 2009 by Investing Tips · Leave a Comment
Bogle on Mutual Funds New Perspectives for the Intelligent Investor
The CEO of a billion-dollar mutual fund company shows investors how to avoid common pitfalls in investing in mutual funds, increase their return without increasing their risk, develop a fully diversified portfolio, and more.
User Ratings and Reviews
5 Stars The best book on mutual funds
A classic. I kept a copy of the book until one of my junior Sailors asked me for help with some investing literature, my advise to him “this is the only book you need to read about investing.” After reading several books on the subject, I can say that this is the best book on mutual funds.
5 Stars Bogle’s the Best
Great price $01. plus shipping! This is a timeless classic for all mutual fund investors.
5 Stars An outstanding guide for investors
“There are intelligent ways to go about investing and less intelligent ways.” So says John Bogle, one of the most influential money managers of the last 50 years.
Bogle was one of the leaders in making index mutual funds available to ordinary investors. Bogle’s index funds, and others that followed his example, helped turn very, very ordinary investors into very, very rich investors. This book essentially explains why Bogle’s investment philosophy succeeds so well.
The book concentrates on the three basic types of mutual funds: stock, bond, and money market funds; describes the three important characteristics that all investments have: risk, return, and cost; explains why different categories of assets — stocks versus bonds, for example — have different risk and return characteristics; and shows how to construct an intelligent, balanced portfolio that will help you meet your investment goals.
One of the keys to Bogle’s strategy is the idea that, while investors don’t have direct control over risk or return, they do have direct control over cost; and by choosing low-cost funds (index funds are very low cost!), investors can dramatically improve their results. One of the other keys to Bogle’s strategy is the efficient market theory, which, among other things, supplies an important part of the theoretical justification for relying on passively managed index funds. Those aren’t fun, sexy concepts, and Bogle’s methodical discussions don’t do much to make them more entertaining. On the other hand, they will help you make money if you understand and apply them, and making money through investing is both fun and sexy!
This book is over ten years old now, so it doesn’t have much to say about exchange-traded funds, sector funds, or some other, recent developments in financial management, but the basic principles it describes can easily be applied to those new-fangled inventions too.
This is one of the best books I’ve ever read about investing.
5 Stars The single best book on investing!
If you’re going to read one book on investing and one book only, this is the one! Really, you won’t need any other - it’s that complete and that good. Not everybody can invest in index funds, but you can and you very probably won’t get a better result any other way.
5 Stars Ecellent book about mutual fund
One of the best books about mutual funds in the market even though it is over a decade old.
Fundwatch Plus PC CD Jewel Case
June 30, 2009 by Investing Tips · Leave a Comment
Fundwatch Plus PC CD Jewel Case
Mutual Fund and Growth Investment For The Home Investor! Let Your PC help you profit from today’s stock and mutual funds market with Fundwatch Plus! Monitoring your investments will no longer be a hassle. Fundwatch Plus features a number of options to help put you in total control of your investments. Colorful graphics allow you to compare investments directly, identifying cyclical patterns, volatility and changes to market trends. Whether you’re a novice or a pro investing in mutual funds, stock or commodities, this easy-to-learn software helps you select investments that are right for you. Fundwatch Plus can even help you determine when the time is right to buy or sell. It’s all the serious home investor needs.
Rich Dads Prophecy Why The Biggest Stock Market Crash in History is Still Coming and How You Can Prepare Yourself and Profit From It
April 29, 2009 by Investing Tips · Leave a Comment
The #1 New York Times bestselling authors of the Rich Dad Poor Dad series deliver a financial plan to help Baby Boomers survive an impending economic crash. Anyone with a 401K knows that investing in mutual funds is not safe, or so claim Kiyosaki and Lechter. Even worse, they warn that a devastating economic crash is imminent because Baby Boomers will soon be required by law to drain trillions of dollars stashed in 401Ks, IRAs, SEPs, and other mutual-fund savings accounts as they start to retire. In short, the country’s financial system won’t withstand the drain, and relying on a 401K and Social Security will mean financial disaster. Here, Kiyosaki and Lechter provide a financial roadmap for readers to prosper during these troubled times.
User Ratings and Reviews
5 Stars Kiyosaki’s Advice Right On the money!
The big bull market.
In the 1980’s, some wise investors warned of a coming crash. Unfortunately, many disregarded this warning and got nailed in October 1987.
During the 90’s, again some were warning about a “bubble”, “markets had gone up too far”, “some dot.com stocks had taken the “e” out of “p/e” were without earnings.”
Nonetheless, some people chose not to listen and got burned again by the biggest stock market crash (so far) in history.
Robert Kiyosaki, despite the erroneous comments by some reviewers who obviously didn’t even read the book, is not just advocating real estate. He also advocates stock market investing, hedgeing and other strategies. Kiyosaki did say that there would be a boomin the markets and this was at a time when the bear market was at it’s peak. Many of us will recall back in 2002 when this book came out how widely critized Kiyosaki was for suggesting that the markets would rebound. But what happened in 2003 through 2006?
I am not in any way associated with Robert Kiyosaki. For my money, markets go down and markets go up again. President Bush’s tax plan did work to stimulate the economy and the stock market, regertably other economic factors weighed down in 2007, 2008 and still continuing on in 2009.
Many of us (accurately) predicted a spike int he the stock market in 2002 and going forward as did Kiyosaki and then another March 2000-like selloff coming at the end of the decade (and it happened starting in 2007)interspersed with bullish and bearish type markets like we saw in 1994 and 1998.
For those who say that Kiyosaki called it wrong, the selloff came early, guess again. Kiyosaki indicated that the markets would go down as the baby boomers began to retire. Those “baby-boomers” were born between the years of 1946-1964. The real carnage has not even happened yet. Wait until 2016.
I know people in their 70’s who had been retired and now are thinking of going back to work at a 7-11 store or Wal Mart because their retirement rest egg is slipping away.
Then when babyboomers retire…..??? Will you be prepared for that, er, unlike those who were not prepared in March 2000 or October 1987, or 1929 or 2008-2009??
Kiyosaki was right. His advice is right on the barrelhead.
5 Stars eye-opener on how current retirement laws may affect everyone’s investments…
Current laws would require retirees to start withdrawing from their retirement accounts at age 70-and-a-half whether they want to or not…? I never realized how this may possibly cause a selling cascade in the stock market (as there would be around 75 million baby-boomers affected assuming that many of them may have investments). It appears we may (hopefully) have a few years to prepare for this possibility.
4 Stars No Issues Good Product
Book was delivered quickly. No issues with product or delivery. Be more conscious of condition description, I would have rated it fair/good. Thank you! I will be ordering from you in the future.
1 Star Garbage!
“Rich Dad’s Prophecy” predicts a market crash around 2016 when the oldest Baby Boomers start cashing out their 401(k) plans and stop contributing. Solution: Invest in real estate rental properties instead. (Comment: The market crash came 8 years early, and occured for different reasons. Rental properties have also crashed.)
Kiyosaki, however, ignores the difficulty of finding positive cash-flow rental properties (doing so almost forces one to use dangerous ARMs, interest-only loans), evaluating potential purchases for hidden problems (eg. leaky roofs), and cost-effective maintenance of properties. I also don’t think much of his characterization of one’s home as a liability instead of an asset - it appreciated (until recently). Finally, his book is highly repetitive and becomes boring.
Bottom Line: I didn’t take Kiyosaki’s advice earlier, and am glad I didn’t.
4 Stars You ignore this at your own peril
In his latest book “Prophecy”, Robert T. Kiyosaki predicts a major stock market crash in the near future. This, he says, is a result of the baby boomers (mostly) saving for their retirement via stock investments and given that a large number of them will retire from 2016 onwards their investments will have to be cashed in as it will be needed and as a result the market will fall if not crash. Apart from that, RK says, that most baby boomers may not actually see their money ever again as more often than not most of it is invested in their own companies, i.e., the ones they work for, and if their employer goes down the drain so will their funds saved for retirement. Kiyosaki uses the demise of Enron as an example to demonstrate this.
Granted, there is nothing really new about all this. If you have spent any time working in the financial field you would know about this - although over the years I felt that people tend to stick their heads in the sand and hope that this will not happen or somehow go away
Apart from complaining about the existing system and the financial illiteracy of the vast majority of the market participants (and that would appear to be the main problem), Kiyosaki in Part II of the book sets out a game plan on how to build your own financial ark.
What I like about Kiyosaki’s book is that he is pointing his finger straight at what could potentially happen and he does it in rather convincing style. There is indeed a good deal of information here that Kiyosaki has mentioned in his previous books, but I am not terribly upset about this as it serves to reinforce the message. Besides, if you haven’t read any of the previous Kioysaki books, you would be stuck in the middle of nowhere if Kiyosaki left out the previously published information.
