The Elements of Investing by Burton 8 pot

... get the same initial tax deduction, but they do enjoy the benefi ts of the tax deferral Appendix: Save on Taxes Legally bapp.indd 128bapp.indd 1 28 10/31/09 1:32: 48 PM10/31/09 1:32: 48 PM 126 The ... 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 pag...

Ngày tải lên: 21/06/2014, 08:20

... 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 market every year. The fi rst investor, ... 9:40:47 AM 8 The Elements of Investing return not only on your original savings but also on the accumulated interest that you have earned on your past investm...

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, 08:20

... the United States catches a cold, the rest of the developed world c03.indd 58c03.indd 58 11/3/09 9:41: 48 AM11/3/09 9:41: 48 AM 56 The Elements of Investing At the same time, it could be damaging ... 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...

Ngày tải lên: 21/06/2014, 08:20

... 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 part of the total cost. The large part of the total ... dur- ing the fourth quarter of 1999 and the fi rst quarter of 2000 — just at the top of the market — than ever before. And most of the money that we...

Ngày tải lên: 21/06/2014, 08:20

... c04.indd 88 c04.indd 88 10/31/09 1:37:02 PM10/31/09 1:37:02 PM 98 The Elements of Investing The lists in the table on the following page also include tax - exempt money - market funds. These funds ... 10:16:20 AM 88 The Elements of Investing Here ’ s why: Past performance is not a good predictor of future returns. What does predict investment perfor- mance are...

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 ... 2:07:26 PM 143 ABOUT THE AUTHORS BURTON G. MALKIEL Burton G. Malkiel is the Chemical Bank Chairman ’ s Professor of Economics at Princeton University...

Ngày tải lên: 21/06/2014, 08:20

... author of A Random Walk Down Wall Street Bestselling author of 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 ... Ellis and Burton Malkiel, two of the investment world’s greatest thinkers, have combined their talents to produce The Elements of Investing a sho...

Ngày tải lên: 21/06/2014, 09:20

... 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

... c04.indd 88 c04.indd 88 10/31/09 1:37:02 PM10/31/09 1:37:02 PM 98 The Elements of Investing The lists in the table on the following page also include tax - exempt money - market funds. These funds ... 88 The Elements of Investing Here ’ s why: Past performance is not a good predictor of future returns. What does predict investment perfor- mance are the fees c...

Ngày tải lên: 21/06/2014, 09:20