The Index Fund Solution A Step-By-Step Investor&39s Guide [Paperback]

MAXIMIZE YOUR RETURNS -- MINIMIZE YOUR RISK
Now, more than ever before, average investors are embracing index funds to eliminate the anxiety and expense of trying to predict which individual stocks, bonds, or mutual funds will beat the index. InThe Index Fund Solution,Richard E. Evans and Burton G. Malkiel explore why choosing index funds -- funds that buy and hold all stocks or bonds within a given group of securities -- ensures that you will always do as well as the market average.
The Index Fund Solutionnot only examines why index funds are growing rapidly in popularity but, using easy-to-understand language, also explains how anyone, from longtime investors to novices, can use these thriving funds to create a successful investment strategy. Whether you are saving for a child's education, the purchase of a house, or your retirement nest egg, index funds can be the key to unlocking the potential of dependable, long-term returns.Richard E. Evansis a registered investment adviser and heads his own consulting firm in Hastings-on-Hudson, New York.
Contents

Introduction

Part 1:

Index Funds Versus Non-Index Funds

1. An Unlikely Beginning

2. The Emperor Has No Clothes

3. Smoke, Mirrors, and Crystal Balls

4. What?s Performance?

5. Fund Returns: Index Versus Non-Index

6. Does the Past Predict?

7. Why Can?t Non-Index Funds Do Better?

8. A Noble Invention

Part 2:

The Five Giant Steps to Wealth

9. Giant Steps 1 and 2: Planning

10. Investing for Retirement

11. Giant Step 3: Build Your Portfolio

12. Giant Step 4: Cut Taxes

13. Giant Step 5: Don?t Tinker, Don?t Wait

14. An Update on Index Funds, with Model Index Portfolios

Index