A recommended, proven way to broaden portfolios and profits
Recommended by finance experts and used extensively by
institutional investors, index funds and exchange-traded funds
(ETFs) provide unmanaged, diversified exposure to a variety of
asset classes. Index Investing For Dummies shows active
investors how to add index investments to their portfolios and make
the most of their money, while protecting their assets. It features
plain-English information on the different types of index funds and
their advantage over other funds, getting started in index
investing, using index funds for asset allocation, understanding
returns and risk, diversifying among fund holdings, and applying
winning strategies for maximum profit.
สารบัญ
Introduction 1
Part I: The (Mostly) Nonviolent Indexing Revolution 7
Chapter 1: What Indexing Is and Isn’t 9
Chapter 2: A Short History of the Index and Index Investing 19
Chapter 3: Why Indexing Works — and Works So Darned Well 33
Chapter 4: Why Everyone Isn’t Indexing 45
Chapter 5: A New Era Begins: ETFs and Alternative Indexes 59
Part II: Getting to Know Your Index Fund Choices 73
Chapter 6: The Basic Index Investing Components 75
Chapter 7: Investing in Stock Indexes: Your Gateway to Growth 95
Chapter 8: Investing in Bond Indexes: Protecting Your Principal 133
Chapter 9: Diversifying Your Portfolio with Commodity, REIT, and Other Indexes 151
Part III: Drawing a Blueprint for Your Index Portfolio 171
Chapter 10: Finding a Happy Home for Your Money 173
Chapter 11: Developing Your Broad Investment Goals 185
Chapter 12: Fine-Tuning Your Index Selections 197
Chapter 13: Mixing and Matching Passive and Active Investing 209
Chapter 14: Making Your Final Investment Decisions 225
Chapter 15: A Bevy of Sample Index Portfolios 233
Part IV: Ensuring Happy Returns 245
Chapter 16: Buying and Holding: Boring, But It Really Works 247
Chapter 17: Seeking Additional Assistance from Professionals Carefully 259
Part V: The Part of Tens 269
Chapter 18: Ten Ways to Deal with the Temptation to Beat the Market 271
Chapter 19: Ten Ways to Screw Up a Perfectly Good Index Portfolio 277
Chapter 20: Ten Q & As with John Bogle, Father of Index Investing 281
Part VI: Appendixes 287
Appendix A: A Select List of Index Mutual Funds 289
Appendix B: A Select List of Exchange-Traded Funds 297
Appendix C: Helpful Web Resources for the Smart Index Investor 315
Index 321
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Russell Wild, MBA, an expert on index investing, is a fee-only financial planner and investment advisor and the principal of Global Portfolios. He is the author or coauthor of nearly two dozen nonfiction books.