The Lazy Person's Guide To Investing (Audiobook) app for iPhone and iPad
Developer: Cross Forward Consulting, LLC
First release : 19 Oct 2010
App size: 3.57 Mb
This application contains a professional recording of The Lazy Persons Guide To Investing -- wrapped in a beautiful and elegant player to create an immersive and enjoyable audiobook experience.
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Popular CBS Marketwatch columnist Farrell provides a thoroughly enjoyable and straightforward look at what he sees as "the future of investing"-"simple lazy portfolios thatll work for anyone and are easy to understand." He provides three different model portfolios based on one simple formula: "rock-solid, easy-to-understand asset allocation using no-load index funds." Farrell is a huge proponent of no-load funds such as the Vanguard 500 Index, which tracks the Standard & Poor 500 listing of Americas largest companies, and the Vanguard Total Bond Market Fund Index, which matches the performance of the Lehman Brothers Aggregate Bond Index. Farrell persuasively argues that the strong long-term performance of these funds, even during hard market times-along with the strong performance of other Vanguard index funds such as those for large-cap and small-cap value-proves that "the only rational strategy" for the vast majority of Americas 94 million mutual fund investors is "a simple buy n hold strategy" that diversifies portfolio assets across multiple categories of assets. Packed with clear examples of how regular people can easily handle their own investments, Farrells guide also takes on other sacred cows, such as Wall Streets belief that brokers know more than you do, and provides an exciting and illuminating section on no-load stocks, or DRIPs, which he calls "Wall Streets best-kept secret."
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Player Features:
- Background playback and Retina Display enabled (Specific devices required)
- Automatic bookmarking to keep track of your place for you
- Gorgeous user interface to create an immersive reading experience
- Notes - Allows you to write down thoughts as you listen and email them to yourself or friends.
- Preloaded with content to allow for offline use