Retirement on Beach

The Only Guide to a Winning Investment Strategy You'll Ever Need

Disclaimer: This article contains information that was factual and accurate as of the original published date listed on the article. Investors may find some or all of the content of this article beneficial but should be aware that some or all of the information may no longer be accurate. The information and/or data in this article should be verified prior to relying on it when making investment decisions. If you have any questions regarding the information contained in this article please call IFA at 888-643-3133.

Retirement on Beach
There are many books touting themselves as "The Only Book You Will Ever Need!"  Unlike many of the others, though, this one actually comes close to living up to the claim.  It explains in a very clear manner why investing in index funds is a winning strategy and illustrates how individual investors can set up a long-term investment plan.

The first few chapters are devoted to explaining why active management is "The Loser's Game". The author recounts various attempts–and failures–of financial magazines and individual investors to select superior mutual funds in advance. For investors who still have doubts about the power of index investing, this part of the book is a must read.

 

"Each year Forbes recommends a "Hall of Fame" list of mutual funds individuals should buy. . . [A] study on this famous list covered the period 1983-1990 and found that a portfolio of the Hall of Fame funds would have returned 10.46 percent, versus 16.43 percent for the S & P 500 Index. This list has come to be known as the Hall of Shame list." (pp. 26-27)

 

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