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3.0 out of 5 stars
Fast Reference Guide to Investment Decisions,
By J. Gresham "Jon, the CivilSociety and MultiSm... (Montgomery, AL usa) - See all my reviews (REAL NAME)
This review is from: 60 Second Investor (Hardcover)
This small book is a quick reference guide for financial terms and principles, with a focus on the realm of paper assets. Here are a few of the valuable points:
--The average annual total return of the Standard & Poor's 500 since 1926 has been between 10 percent and 11 percent. --A fairly "neutral" asset allocation is 60 percent stocks (or stock mutual funds), 30 percent bonds (or bond funds), and 10 percent cash (money-market accounts, certificates of deposit, bank savings accounts, checking accounts, Treasury securities). If you are on the more aggressive side, add to your stock holdings and lower your bonds holdings.... If you are still at loss in terms of how to allocate your assets, a good rule of thumb is to subtract your age from 110; this is the percentage of assets that should be in stocks or stock mutual funds. This is a great little book that is fast to read, but remains within reach to explain in simple terms the big concepts we use. |
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60 Second Investor by C.F.A. Charles B. Carlson (Hardcover - 1998)
Used & New from: $1.10
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