The Elements of Investing by Burton 7 doc

... have the worst possible timing, investing at the peak of the stock market each year. Another investor starts later but is the world ’ s luckiest investor, buying at the absolute bottom of the ... 10/31/09 1:34:46 PM10/31/09 1:34:46 PM THE ELEMENTS OF INVESTING flast.indd xxiflast.indd xxi 11/3/09 9:40: 47 AM11/3/09 9:40: 47 AM 4 The Elements of Investing a...

Ngày tải lên: 21/06/2014, 08:20

... pleasure in the process of saving and the process of keeping trim. They do not think in terms of deprivation; they think in terms of making good progress toward achieving their goal. As they make ... c01.indd 23c01.indd 23 10/31/09 1:34: 47 PM10/31/09 1:34: 47 PM 14 The Elements of Investing SAVVY SAVINGS We can hear the chorus of complaints already: “ I know tha...

Ngày tải lên: 21/06/2014, 08:20

... 66 The Elements of Investing market prices change over time, so will the share of your portfolio that is in stocks or bonds. Rebalancing simply involves periodically checking the allocation of ... results in the situation when the market goes straight up. Now let ’ s look at the numbers. c03.indd 61c03.indd 61 11/3/09 9:41:48 AM11/3/09 9:41:48 AM 54 The Elements...

Ngày tải lên: 21/06/2014, 08:20

... because the market is already the aggregate result of many, many c04.indd 77 c04.indd 77 10/31/09 1: 37: 01 PM10/31/09 1: 37: 01 PM 74 The Elements of Investing investor in the world, amateur or professional. ... something. And then do something else. The more you do, the merrier he will be. Mr. Market is expensive and the cost of transac- tions is the small...

Ngày tải lên: 21/06/2014, 08:20

... costs. c04.indd 87c04.indd 87 10/31/09 1: 37: 02 PM10/31/09 1: 37: 02 PM 94 The Elements of Investing to sell you (because they are so profi table for the sellers), you can prosper by embracing simplicity. ... because of the low costs you pay. c04.indd 91c04.indd 91 10/31/09 1: 37: 02 PM10/31/09 1: 37: 02 PM 102 The Elements of Investing investors who together det...

Ngày tải lên: 21/06/2014, 08:20

... Winning the Loser’s Game THE ELEMENTS OF INVESTING M M A A LKI E E L L E E LLI S S THE ELEMENTS OF INVESTING In his classic book The Elements of Style, Professor William Strunk Jr. whittled down the ... Ellis and Burton Malkiel, two of the investment world’s greatest thinkers, have combined their talents to produce The Elements of Investing a short, s...

Ngày tải lên: 21/06/2014, 08:20

... 1:33:40 PM 122 The Elements of Investing now available that track total stock market indexes in the United States and in the world. The table on the opposite page shows the menu of ETFs that ... is, by necessity, more detailed and dryer than most readers would like. You can skip it if you bapp.indd 127bapp.indd 1 27 10/31/09 1:32: 47 PM10/31/09 1:32: 47 PM 128 *...

Ngày tải lên: 21/06/2014, 08:20

... they center their thinking on enjoying the benefi ts of achieving their goals, most savers and most slim people take pleasure in the process of saving and the process of keeping trim. They do not ... think in terms of deprivation; they think in terms of making good progress toward achieving their goal. As they make progress toward their goal, they have the fun and satis-...

Ngày tải lên: 21/06/2014, 09:20

... 10:16:21 AM 116 The Elements of Investing in the United States. It excludes the 30 percent made up of smaller companies, many of which are the most entre- preneurial and capable of the fastest future ... leave most of her estate to her children or grandchildren. The appropriate allocation for those plan- ning bequests should be geared to the age of the recipi-...

Ngày tải lên: 21/06/2014, 09:20

... their federal taxes every dollar they save. Moreover, these plans allow the earnings and gains from these savings plans to compound over time tax free. Here we describe the details of these ... The money gets taxed at retirement when you take Appendix: Save on Taxes Legally $2,000,000 $1,000,000 $0 1 5 9 13 17 21 25 29 33 37 41 $2,0 87, 130 $75 5,512 Tax-Deferred Investing...

Ngày tải lên: 21/06/2014, 09:20