The Elements of Investing by Burton 1 docx
The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_1 docx
... $11 0 and earn $11 , leaving your
stake at the end of the second year at $12 1. In year
three you earn $12 .10 and your account is now worth
$13 3 .10 . Carrying the example out, at the end of 10 ... account. The fund
earned 10 percent per year, tax free. The second brother,
James, started his own retirement account at age 40 (just
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The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_2 docx
... knowing they ’ ll enjoy longer lives. Savers
enjoy the inner satisfaction of being in control of their
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The Elements of Investing
But ... free. We describe the vehicles available to you
in the Appendix at the end of this book.
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The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_5 docx
... approach and then enter retirement.
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The Elements of Investing
OVERCONFIDENCE ... because
the market is already the aggregate result of many, many
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The Elemen...
The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_6 docx
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have none. For investors, such an illusion can lead them ... because of the low
costs you pay.
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The Elements of Investing
inves...
The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_9 docx
... ranges, 10 8 10 9
Annuities
advantage, 11 3
fi xed-income investments,
11 3 11 4
Anxiety reduction, diversity
(impact), 10 0
Asset allocation, 10 5 10 7
ranges, 10 7 11 2
example, 10 8 10 9
selection, 11 2
Asset ... examination, 16 17
Credit card debt
avoidance, 6, 24, 10 0 10 1
impact, 6–7
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Index
Tota...
The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_4 doc
...
Invested
Price of
Index
Fund
Number
of Shares
Purchased
Amount
Invested
Price of
Index
Fund
Number
of Shares
Purchased
1 $1, 000 $10 0 10 $1, 000 $10 0 10
2 $1, 000 $60 16 .67 $1, 000 $11 0 9.09
3 $1, 000 ... results in the situation when the
market goes straight up. Now let ’ s look at the numbers.
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The Elements of Investing by Burton G. Malkiel and Charles D. Ellis Dec 14, 2009_8 potx
...
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The Elements of Investing
now available that track total stock market indexes in the
United States and in the world.
The ... 10 / 31/ 09 1: 32:48 PM10/ 31/ 09 1: 32:48 PM
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*
In 2 010 , conversions to a...
The Elements of Investing by Burton_1 docx
... works in the
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The Elements of Investing
SAVVY SAVINGS
We can hear the chorus of complaints already: “ I know that
the only ... she is
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The Elements of Investing
as important to you as you are to her or to him...
The Elements of Investing by Burton_6 docx
... annuity. The fancy annuities, which adjust
for infl ation and have all kinds of bells and whistles, may
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The Elements of Investing
investment ... percent of the total value of all stocks traded
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11 1
Keep I...
The Elements of Investing by Burton_5 pptx
...
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The Elements of Investing
to sell you (because they are so profi table for the sellers),
you can prosper by embracing simplicity. ...
lesson we are absolutely sure of is that the
higher the expenses you pay the provider of
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