Index Investing For Dummies

Buy indexed funds. That was all I was being told and read about. He gives good information as to what indexed funds are. He has some recommended ones to buy for when the book was written. Some are may still be a good buy. But now at least I know what metrics to look at now.

From this go to Vanguard,Fidelity or T Rowe Price websites and start your plan. Think financial mumbo jumbo makes your eyes water and head swim? Then this is your book. Did you read recently that Warren Buffet bet his next in charge a million dollars that an index fund would yield better returns than the complex hedge funds that he was touting. Winner donates to charity by the way. Well Mr. Buffet is ahead of the game. Common sense; know one has the answers, the junk you catch on TV are opinions. Form your own, be in it for the long run and be consistent. This book will give you confidence in index funds. And if it peaks your interest read "Pound Foolish" by Helanie Olen. The sub title of the book is "Exposing The Dark Side Of The Personal Finance Services Industry." Do you know what you are paying in fees for their guidance? How has that worked out for you? By the way the author interviews Ms. Olen on CSPAN 2 Book Notes, which you can see off the Booktv.Org website.

I read several books on investing, including this one and Exchange Traded Funds for Dummies, by the same author. I was wishing that I could hire an adviser who knew all this same information, and decided to hire Mr. Wild himself. He has been great to work with, and the investments we have made in accord with his advice have done well in this very volatile market. I can't say enough good things about him or his books!Updated 2/4/2013My husband and I continue to be very pleased with the results of the investment advice found in this book (and there is a new edition out, as of last year) as well as the personalized advice from Mr. Wild, who we continue to retain as our primary investment adviser.

A good primer for indexing

If you know nothing about investing or if you've read a lot but need a real-world direction, this book is where to start. I've studied dozens of books, had countless debates with investment advisors with varying philosophies, even learned the Sharpe Ratio from William Sharpe himself, and there's only one approach that I'm positive will work and that's index investing. This book explains why and gives you the perspective you need to avoid all the hype and scams (both intentional and unintentional) that will drain you emotionally and financially. 99% of what you hear out there is noise. This book is signal. After this read Exchange-Traded Funds for Dummies by the same author, invest as it recommends, and ignore the minute-by-minute stock updates.

This book provides both general concepts and specific examples to help one understand the basics of index investing. The writing is in the informal, breezy style common to the "for dummies" genre--easily accessible if sometimes redundant. The lists and tables are useful. For those who know little to nothing about index investing, this is worth the price.

If you are old enough to read and to work, this is the best investment choice and advice available. A few years of paying for a "financial advisor" is equivalent to just burning cash. Lesson learned. Don't you just hate figuring things out when there is limited time to correct your pathway?

Simply the Best. Thanks for his books, I am leading a revolution at work to get rid of our lousy 401(k) investments and advisor. And most of all, I even e-mailed the author with questions and he has been kind enough to respond. Must read if you want to understand where your money is going.