Seize control of your financial future with rock-solid advice from two of the world's leading investment experts
Investors today are bombarded with conflicting advice about how to handle the increasingly volatile stock market. From pronouncements of the "death of diversification" to the supposed virtues of crypto, investors can be forgiven for being thoroughly confused.
It's time to return to the basics. In the 10th Anniversary Edition of The Elements of Investing: Easy Lessons for Every Investor, investment legends Burton G. Malkiel and Charles D. Ellis deliver straightforward, digestible lessons in the investment rules and principles you need to follow to mitigate risk and realize long-term success in the markets.
Divided into six essential elements of investing, this concise book will teach you how to:
- Focus on the long-term and ignore short-term market fluctuations and movements
- Use employer-sponsored plans to supercharge your savings and returns and minimize your taxes
- Understand crucial investment subjects, like diversification, rebalancing, dollar-cost averaging, and indexing
So, forget the flavor of the week. Stick with the timeless and invaluable advice followed by the world's most successful retail investors.
Praise for THE ELEMENTS OF INVESTING
"A common misperception is that successful investing requires a ton of money, a complicated portfolio, or a detailed understanding of where the markets are headed next. The truth is, sometimes the simplest approach is the toughest to beat. Charley Ellis and Burt Malkiel do a masterful job in The Elements of Investing of laying out clear, simple rules that any investor can follow to grow their wealth over time.
-TIM BUCKLEY, Vanguard Chairman & CEO
"These noted authors have distilled all you need to know about investing into a very small package. The best time to read this book is when you turn eighteen (or maybe thirteen) and every year thereafter."
-HARRY MARKOWITZ, Nobel Laureate in Economics 1990
"Struggling to find money to save? Befuddled by the bewildering array of investment choices? As you venture into the financial markets for the first time, it's helpful to have a trusted guide-and, in Charley Ellis and Burt Malkiel, you have two of the finest."
-Jonathan Clements, author of The Little Book of Main Street Money
"No one knows more about investing than Charley Ellis and Burt Malkiel, and no one has written a better investment guide. These are the best basic rules of investing by two of the world's greatest financial thinkers."
-CONSUELO MACK, Anchor and Managing Editor, Consuelo Mack WealthTrack