Index Your Way to Investment Success [Paperback]

Walter R. Good (Author), Roy W. Hermansen (Author, Preface)

Book Description

Publication Date: December 1, 1999

Long a secret guarded by financial insiders, index funds have become a favorite with individual investors of every level. Drawing on their years of experience managing institutional investments, Walter R. Good and Roy W. Hermansen give even novice investors the nuts-and-bolts know-how to boost returns and control risk.

Comprehensive and easy to grasp, this definitive guide covers the basics of indexing in theory, practice...and beyond, to innovative variations. Investors will learn precisely how index funds work They'll 'also discover how to reduce costs, defer taxes, control risk, and, in the process, beat the vast majority of actively managed mutual funds.

Packed with helpful charts and graphs, readers will learn how to:
-- Choose the right fund
-- Get started (with as little as a few hundred dollars)
-- Develop a sound portfolio
-- Gauge portfolio risk
-- Assess portfolio performance
-- Make adjustments to improve diversification

Hailed as "a landmark book" in the Foreword by John C. Bogle, former Chairman of the Board of The Vanguard Group of Investment Companies, Index Your Way to Investment Success leads the way to mastering a stable and lucrative investment strategy.

Editorial Reviews

About the Author

Walter R. Good, CFA, has served as president of the Mellon Universe Management Group and Chairman of the pension investment committee of the Continental Group, Inc. He has written numerous articles for the Financial Analyst's Journal, where he serves as an associate editor, as well as other financial publications. He lives in Darien, Connecticut.

Roy W. Hermansen, CFA, has served as executive vice president of the Mellon Universe Management and director of portfolio development at the Continental Group. He lives in Bedford, New York.

Product Details

• Paperback: 288 pages
• Publisher: Prentice Hall Press (December 1, 1999)
• Language: English
• ISBN-10: 0735201358
• ISBN-13: 978-0735201354
• Product Dimensions: 8.9 x 5.9 x 0.8 inches
• Shipping Weight: 1 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,635,759 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

15 of 15 people found the following review helpful:

5.0 out of 5 stars Invaluable., October 8, 1998

By A Customer

This review is from: Index Your Way to Investment Success (Hardcover)

Quite pleased, and informed. The 2 authors have done a commendable job in delivering the facts and opinions in a straightforward, manner. This is one of the better index books out there. Though there are still far too little. 5 index books total?....The other great index book is Larry's...But overall, this book is top notch.