"This compact book really does provide The Only Proven Road to Investment Success. And `the road' is a wonderful metaphor: Don't drive a gas-guzzler (keep costs low). Avoid toll roads (reduce Uncle Sam's take). Beware of potholes (active management, market timing, acting on impulse, joining the herd). It drives home the central message that will make you a long-term winner: the secret of investing is simplicity." - John C. Bogle, Founder, The Vanguard Group
"Personal investment has become both an opportunity and a hazard for all but experts. As stocks have soared and the collapsed in recent years, there is a crying need for first-rate, disinterested advice on how to invest. Sengupta's book gives us precisely that. Written with authority and accessibility, it is a marvelous guide that no investor can do without. Read, implement, and prosper." - Jagdish Bhagwati, University Professor, Columbia University, External Advisor to the Director General, WTO
From the Inside Flap
The frightening fact about saving and investing for the future is that most of us receive no formal training in this area. We trust our financial future to fund managers and brokers who charge exorbitant fees for average and sometimes below-average returns. In The Only Proven Road to Investment Success, Chandan Sengupta reveals the truth about investing and shows you how to free yourself from the grasps of the professional investment community to become a successful, self-reliant investorregardless of your age, income, or investment knowledge.
Designed for investors at any level, this complete guidewhich includes a companion CD-ROM investment program known as Gurulays out a powerful, yet simple investment plan that will allow you to achieve long-term investment success by maintaining the right asset mix for your portfolio. As you follow the tested investment method found in The Only Proven Road to Investment Success, you will learn how to:
- Invest in stocks and safe assets such as inflation-protected bonds
- Choose the right asset mix and invest for future needs with the help of the personal investment advisor found on the companion CD-ROM
- Take the amount of risk that is right for you and earn the highest rate of return for that level of risk
- Personally manage your investments with peace of mind
- Reduce or defer your tax bill
. . . and much more
The Only Proven Road to Investment Success provides a simple approach to a tested investment method that is backed by over three decades of extensive scientific research. The eleven rules that make up this method cover both conceptual and practical aspects of investing. As you master each rule, youll begin to invest with success and avoid the mistakes other investors commonly make. The book includes a summary chapter that is actually a comprehensive mini-investment book that allows you to review the basics quickly and serves as a concise reference source for the future.
Whether youre saving for a specific need, such as a childs college education, or looking for the right investment plan to guide you through life and into retirement, The Only Proven Road to Investment Success, along with Guruthe portfolio management program contained on the companion CD-ROMis your one-stop reference for easy-to-use investment advice that will last a lifetime.
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